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 $$ CM ratio $=$$$227,2400\mathrm{.}52=$$$437,000$

As shown by these data, net operating income is budgeted at $$162,760$ for the month and the estimated break$-$even sales is $$437,000.$

Assume actual sales for the month total $$750,000$ as planned; however, actual sales by product are White, $$240,000$; Fragrant, $$300,000$;

and Loonzain, $$210,000.$

Required:

Prepare a contribution format income statement for the month based on the actual sales data.

Compute the break$-$even point in dollar sales for the month based on your actual data.

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Prepare a contribution format income statement for the month based on the actual sales data.