2 part question

Complete this question by entering your answers in the tabs below. Prepare a contribution format income statement for the month based on the actual sales data. As shown by these data, net operating income is budgeted at $166,920 for the month and the estimated break-even sales is $439.000. Assume that actual sales for the month total $760,000 as planned; however, actual sales by product are: White, $243,200; Fragrant $304,000; and Loonzain, $212,800. 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. 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.) Problem 5-21 (Algo) Sales Mix; Multiproduct Break-Even Analysis [LO5-9] Gold Star Rice, Limited, of Theiland exports Thai 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: Dollar sales to break-even - Fixed expenses / CM ratio =$2.28,280/0.52=$439,000 As shown by these data, net operating inceme is budgeted at $166.920 for the month and the estimated break-even sales is $439,000. Assume that actual sales for the month totai $760,000 as planned, however, actual sales by product are: White, \$243,200; Fragrant, $304,000; and Loonzain, $212,800. 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