ABC Corporation, a manufacturing company, has provided the following data for the month of June 2024:

1. June 1, 2024: ABC Corporation prepares its budget for the upcoming month, forecasting sales revenue of SAR 200,000 and variable costs of SAR 120,000. Fixed costs are estimated to be SAR 50,000.
2. June 5, 2024: Paid salaries and wages to employees totaling SAR 30,000 for the month.
3. June 10, 2024: Purchased raw materials on credit from a supplier for SAR 40,000.
4. June 15, 2024: Incurred manufacturing overhead costs of SAR 15,000.
5. June 20, 2024: Sold products for SAR 180,000, receiving half in cash and the remainder on credit.

Requirements:

1. Create a budgeted income statement for the month of June 2024 based on the provided data.
2. Calculate the contribution margin ratio for ABC Corporation.
3. Prepare a cost of goods sold (COGS) statement for the month of June 2024.
4. Analyze the breakeven point in sales revenue for ABC Corporation.