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

White Fragrant Loonzain Total

Percentage of total sales $48\%20\%32\%100\%$

Sales $ $312,000100\%$ $ $130,000100\%$ $ $208,000100\%$ $ $650,000100\%$

Variable expenses $93,60030\%104,00080\%114,40055\%312,00048\%$

Contribution margin $ $218,40070\%$ $ $26,00020\%$ $ $93,60045\%338,00052\%$

Fixed expenses $232,440$

Net operating income $ $105,560$

Dollar sales to break$-$even $=$ Fixed expenses $-$: CM ratio $=$ $$232,440-$: $0\mathrm{.}52=$ $$447,000$

As shown by these data, net operating income is budgeted at $$105,560$ for the month and the estimated break$-$even sales is $$447,000.$

Assume actual sales for the month total $$650,000$ as planned; however, actual sales by product are White, $$208,000$; Fragrant, $$260,000$; and Loonzain, $$182,000.$

Required:

Prepare a contribution format income statement for the month based on the actual sales data.

Compute the break$-$even point in dollar sales for the month based on your actual data.