1001 JON 701 550 450 1001 488 52 Gold Star Rice, Limited, of Thailand exports Thal rice throughout Asla. 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: Product White Tragrant Toonzain Total Percentage of total sales 480 201 320 1001 Sales $ 326,400 5 136,000 1000 $ 217,600 1008 $ 680,000 Variable expenses 97.920 108,800 800 119,680 326,400 Contribution margin $ 228,480 $ 27,200 200 $97.920 353,600 Tixed expenses 234,000 Net operating incon $ 119,600 Dollar sales to break-even = Fixed expenses/CM ratio = $234,000/0.52 = $450,000 As shown by these data, net operating Income is budgeted at $119,600 for the month and the estimated break-even sales is $450,000, Assume that actual sales for the month total $680,000 as planned; however, actual sales by product are: White, $217,600; Fragrant. $272,000; and Loonzain. $190,400. 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 Prepare a contribution format income statement for the month based on the actual sales data. Gold Star Rice, Limited Contribution Income Statement Product Fragrant White Loonzain Total % %6 Percentage of total sales % % % % % % 0 % % % 0% % % 0% 0 S $ 0 $ 0 0 0 % $ 0 Roard 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the break-even point in dollar sales for the month based on your actual data. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Break-even point in dollar sales Required 2