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: Product Loonzain 32% $ 233,600 128,480 $ 105,120 White Total Fragrant 20% $ 146,e00 100% Percentage of total sales 48% $ 350,400 105,120 $ 245, 280 10a% 100% 55% $ 730,000 350,400 Sales 1e0x Variable expenses 30% 116,800 sex 48% 70% $ 29,200 45% 379,680 52% 20% Contribution margin 233,480 $ 146,120 Fixed expenses Net operating income 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 $146,120 for the month and the estimated break-even sales is $449,000. 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 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 Fragrant Loonzain Total % Percentage of total sales % %