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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
Gold Star Rice, Limited, of Thailand exports Thai rice throughout Asia. The company grows three varieties of riceWhite, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming month are shown below:
tableProduct,TotalWhiteFragrant,LoonzainPercentage of total sales,Sales$$$$Variable expenses,Contribution margin,$$$$Fixed expenses,,,,,,,,,,Net operating income,,,,,,,,,,$
Dollar sales to breakeven Fixed expenses ratio $$
As shown by these data, net operating income is budgeted at $ for the month and the estimated breakeven sales is $
Assume that actual sales for the month total $ as planned; however, actual sales by product are: White, $; Fragrant, $; and Loonzain, $
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