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. Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income Product white 48% Fragrant 20% Loonzain 32% Total 100% $350,400 105,120 $ 245.280 70% 100% $146,000 Jex 116,800 $29,200 100% 80% $233,600 128,400 20% $105,120 300x 55% $730,000 200% 350,400 48% 45% 379,600 52% 231,920 $ 147,630 Dollar sales to break-even Fixed expenses / CM ratio $231,920/0.52 $446,000 As shown by these data, net operating income is budgeted at $147,680 for the month and the estimated break-even sales is $446,000. Assume that actual sales for the month total $730,000 as planned, however, actual sales by product are: White, $233,600, Fragrant, $292,000, and Loonzain, $204,400. 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 11 Required 2 Prepare a contribution format income statement for the month based on the actual sales data. Gold Star Rice, Limited Contribution Income Statement While Fragrant Product Loonzain Total