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Goid Star Rice, Limited, of Thailand exports Thai tice throughout Asla. The company grows three varieties of tice-White, Fragrant, and Loonzain. Budgeted sales by product

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Goid Star Rice, Limited, of Thailand exports Thai tice throughout Asla. The company grows three varieties of tice-White, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming month are shown below: Dollar sales 10 bresk-even = Fixed expenses CM ratio =$229320/0.52=$441,000 As showm by these data. net operating income is budgeted at $176.280 for the month and the estimated break-even sales is $441,000. Assume that octual sales for the month total $780,000 as planned, however, actual sales by product are: White, $249,600; Fragrant. $312,000 and Loonzaln, $218,400 Required: 1. Prepare a contibution format income statement for the month based on the actual sales data. 2 Compute the break-even point in dolar sales for the month based on your actual data. Complete this question by entering your answers in the tabs below. Prepare a contribution format income statement for the month based on the actual sales data

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