Gold Star Rice, Limited, 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: Dollar sales to break-even = Fixed expenses CM ratio =$228,8000.52=$440,000 As shown by these data, net operating income is budgeted at $135,200 for the month and the estimated break-even sales is $440,000. Assume actual sales for the month total $700,000 as planned; however, actual sales by product are White, $224,000; Fragrant, \$280,000; and Loonzain, \$196,000. 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. :e, Limited, of Thailand exports Thai rice throughout Asia. The company grows three varieties of rice-White, y Loonzain. Budgeted sales by product and in total for the coming month are shown below: :o break-even = Fixed expenses CM ratio =$228,8000.52=$440,000 ' these data, net operating income is budgeted at $135,200 for the month and the estimated break-even sales Ial sales for the month total $700,000 as planned; however, actual sales by product are White, $224,000; 30,000; and Loonzain, \$196,000. contribution format income statement for the month based on the actual sales data. 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. Prepare a contribution format income statement for the month based on the actual sales data