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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

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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 White 481 $ 350,000 200.000 5 252,000 2009 301 Product Fragrant Loonzain Total 200 32 100 $ 150,000 1001 5 240,000 100 $750,000 120,000 30 132.00 360,000 $ 30,000 2015 108,000 45 390,000 227,240 $ 162,76 Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Wet operating income 55 100 48 52 70 Dollar sales to break-even Fixed expenses/CM ratio - $227.240/0.52 - $437000 As shown by these date, net operating income is budgeted at $162.760 for the month and the estimated break-even sales is $437,000 Assume that 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 dates 2. Compute the break-even point in dollar soles for the month based on your actual dato, Complete this question by entering your answers in the tabs below. Required Required 2 Prepare a contribution format income statement for the month based on the actual data Gold Limited Contribution income statement Produce TOR Percentage of total

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