10 hw please help 2 question in one question

Gold Star Rice, Ltd., of Thailand exports Thai rice throughout Asia. The company grows three varieties of rice-White, Fragrant and Loonzain. Budgeted sales by product and in total for the coming month are shown below: Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income White 489 $ 340,800 102, 240 $ 238,560 1084 304 70% Product Fragrant 20 $ 142,000 100% 113,600 800 $ 28,400 20 Loonzain 32 $ 227,200 1009 124,960 554 $ 102,240 45% Total 100% $ 719,000 340,800 369,200 230,880 $ 138,320 100 484 52% CM ratio 8.52 Dollar sales to break-even - Fixed expenses $230,880 = $444,000 As shown by these data, net operating income is budgeted at $138,320 for the month and the estimated break-even sales is $444,000. Assume that actual sales for the month total $710,000 as planned. Actual sales by product are: White, $227,200; Fragrant $284,000; and Loonzain, $198,800. Required: 1. Prepare a contribution format income statement for the month based on the actual sales data. 2. Compute the break-even point in dollar sales for the month based on your actual data. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 1 Required 2 Prepare a contribution format income statement for the month based on the actual sales data. Gold Star Rico, Ltd Contribution Income Statement Product White Fragrant Loonzain Percentage of total sales % % % % % % % % % Total % % % % % % Required 1 Required 2 Compute the break-even point in dollar sales for the month based on your actual data. (Round your answer to whole dollar amount.) Break-even point in dollar sales