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 $ $379,200100\%$ $ $158,000100\%$ $ $252,800100\%$ $ $790,000100\%$

Variable expenses $113,76030\%126,40080\%139,04055\%379,20048\%$

Contribution margin $ $265,44070\%$ $ $31,60020\%$ $ $113,76045\%410,80052\%$

Fixed expenses $229,320$

Net operating income $ $181,480$

Dollar sales to break$-$even $=$ Fixed expenses $/$ CM ratio $=$ $$229,320/0\mathrm{.}52=$ $$441,000$

As shown by these data, net operating income is budgeted at $$181,480$ for the month and the estimated break$-$even sales is $$441,000.$

Assume that actual sales for the month total $$790,000$ as planned; however, actual sales by product are: White, $$252,800$; Fragrant, $$316,000$; and Loonzain, $$221,200.$

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.