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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 ond in total for the coming month are shown below Dollar sales to break-even = Fixed expenses CM ratio =$229,8400.52=$442,000 As shown by these doto net operating income is budgeted at $108,160 for the month and the estimated break-even sales is $442,000 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: 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. Prepare a contribution format income statement for the month based on the actual sales data. 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. Compute the break-even point in dollar sales for the month based on your actual data. Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount

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