God of the wood thoughout the company - Lottute by road in tortor Vad 190.000 At shown by these toping incombudete 10350 the one and 22.000 Atractuales for the month total 5650,000 to Wie 200.000 Fragrant 100.000 Lori 52.000 required 1 contribution forma income statement for the month based on the 2. Com the contin doar for the month based on your des Complete this on by your win the on content than that 2000 10000 100 BODO 12 100 200.000 10000 YO 28 2 Gold Star Rice, Ltd. of Thailand exports Thal nice 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. Porcentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income White 40 $312.000 93,600 $. 218,400 100 30 70 Product Tragrant Loonzain 20 32 5 130,000 100 5. 208.000 100 106,000 30 114,400 55 $26.000 20 $ 93,500 45 Total 100 $ 650,000 312,000 330,000 224,640 $113,360 100 48 523 Dollar sales to break even Tixed expenses CH ratio $224,640 0.52 - $432,000 As shown by these data, net operating income is budgeted at $113,360 for the month and the estimated break-even sales is $432,000, Assume that actual sales for the month total $650,000 as planned. Actual sales by product are: White, $208,000; Fragrant, $260,000; and Loonzain, $182,000 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. Answer is not complete 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. White Percentage of total sales Sales Variable expenses Contribution margin Fred expenses Net operating income Gold Star Rico, Ltd Contribution Income Statement Product Fragrant Loontain 40% 28% $ 200.000 100% $ 182,000 100% % % $ 260,000 100 5 S 182,000 100 % 32% $ 200.000 100% % $ 200,000 100 % Oo oo Total 100% $ 650,000 100 % 312.000 3 483% 338,000 52 * 224,540 $ 113,360 Required 2 >