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 20% Fragrant 52% Loonzain 28% Total 100% $ 150,000 108,000 $ 42,000 100% 72% $390,000 78,000 28% $ 312,000 80% 100% $210,000 20% 84,000 $ 126,000 100% 40% $750,000 270,000 100% 36% 60% 480,000 449,280 64% $ 30,720 Dollar sales to break-even Fixed expenses / CM ratio $449,280/0.64 $702,000 As shown by these data, net operating income is budgeted at $30,720 for the month and the estimated break-even sales is $702,000. Assume that actual sales for the month total $750,000 as planned; however, actual sales by product are: White, $300,000; Fragrant, $180,000; and Loonzain, $270,000. 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. in the tabs below.