2.Compute the break-even point in dollar sales for the month based on your actual data.

Check my work Gold Star Rice, Ltd, of Thailand exports Thai rice throughout Asia. The company grows three varieties of rice-White, F Loonzain. Budgeted sales by product and in total for the coming month are shown below ragrant, and 48 % 29% 32 % lee % $307,200 100% $128,000 100% $204,800 100 % $648,000 100% 48% 92,160 215,840 8e % 20 %% 92,16e 45 % 332,800 52 30 % 307,200 182,480 % $ 25,600 112,640 $ 99,328 Fixed expenses CM ratio Dollar sales to break-even- 6.52 As shown by these data, net operating income is budgeted at $99,320 for the month and the estimated break even sales is $449.000 Assume that actual sales for the month total $640,000 as planned. Actual sales by product are: White, $204,800: Fragrant $256,000; and Loonzain, $179,.200 Required: 1. Prepare a contribution format income statement for the month based on the actual sales data