Che Gold Star Rice, Ltd. of Thailand exports Thai rice throughout Asia. 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. Percentage of total sales Sales White 48% $302,400 90, 720 $ 211,680 Fragrant 20% 100 % 126,00 30 189,800 70 X 5 25,200 Product Loonin 32% 100 x $ 201,600 100 % BOX 110, 680 55 % 20 * $ 90,720 Total 100 % $630,000 302,400 100 % Variable expenses 48 327,600 52% Contribution margin Fixed expenses Net operating income 230, 360 97,240 $ Dollar sales to break even breaker Fixed expenses CM ratio $230,360 8.52 - $443,000 As shown by these data, net operating income is budgeted at $97,240 for the month and the estimated break-even sales is $443,000. Assume that actual sales for the month total $630,000 as planned; however, actual sales by product are: White, $201,600, Fragrant, $252,000, and Loonzain, $176.400. 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, Ltd. Contribution Income Statement Product White Fragrant Loonzain Total % 56 % % re 96 % % % Percentage of total sales Sales Variable expenses Contribution margin Foxed expenses Net operating income % 0 % $ 0 0 $ 0 01% $ 0 0 0 % 0 Arque Required 2 > Dollar sales to break-even Fixed expenses CM ratio $230,36e 0.52 $443,000 As shown by these data, net operating Income is budgeted at $97.240 for the month and the estimated break-even sales is $443.000 Assume that actual sales for the month total $630,000 as planned; however actual sales by product are: White. $201.600, Fragrant $252,000, and Loonzain $176.400. 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 Compute the break-even point in dollar sales for the month based on your actual cata. (Do not round Intermediate calculations. Round your answer to the nearest whole dollar amount.) Break even point in dollar sales Required 1