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% $369,600 100% $154,000 110,880 $258.720 30% 123,200 100% 80% Loonzain 32% $246.400 100% Total 100% $770,000 70% $30,000 20% 135.520 $110,880 55% 369,600 100% 48% 45% 400.400 233.400 52% $166,920 Dollar sales to break-even - Fixed expenses/CM ratio $233,480/0.52 - $449,000 As shown by these data, net operating income is budgeted at $166.920 for the month and the estimated break-even sales is $449.000 Assume that actual sales for the month total $770,000 as planned; however, actual sales by product are: White, $246,400; Fragrant, $308,000; and Loonzain $215,600 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 1 Required 2 Prepare a contribution format income statement for the month based on the actual sales data. Gold Star Rice, Limited Contribution Income Statement Product White Percentage of total sales " Fragrant % Loonzain % %6 % % % % Required 1 Required 2 Total % % % Compute the break-even point in dollar sales for the month based on your actual data. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Break-even point in dollar sales Required 1 Required 2>