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5.00 points Gold Star Rice, Ltd., of Thailand exports Thai rice throughout Asia. The company grows three varieties of rice-Fragrant, White, and Loonzain. Budgeted sales

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5.00 points Gold Star Rice, Ltd., of Thailand exports Thai rice throughout Asia. The company grows three varieties of rice-Fragrant, White, and Loonzain. Budgeted sales by product and in total for the coming month are shown below Total 100% ain Percentage of total sales 48% 20% 32% Sales Variable expenses Contribution margin Fixed expenses Net operating income $364,800 100% $152,000 100% $243,200 100% $760,000 100% 109.440 30% 121.600 80% 133.760 55% 364.800 48% $255,360 70% $30,400 20% $109,440 45% 395,200 52% 226720 $ 168,480 Fixed expenses _ 226 720 $436000 Dollar sales to break even =The As shown by these data, net operating income is budgeted at $168,480 for the month and break even Assume that actual sales for the month total $760,000 as planned. Actual sales by product are. Whit CM ratio 0.52 sales at $436,000 $243,200, Fragrant, $304,000, and Loonzain, $212,800 Required

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