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 $ $336,000100\%$ $ $140,000100\%$ $ $224,000100\%$ $ $700,000100\%$

Variable expenses $100,80030\%112,00080\%123,20055\%336,00048\%$

Contribution margin $ $235,20070\%$ $ $28,00020\%$ $ $100,80045\%364,00052\%$

Fixed expenses $230,880$

Net operating income $ $133,120$

Dollar sales to break$-$even $=$ Fixed expenses $-$: CM ratio $=$ $$230,880-$: $0\mathrm{.}52=$ $$444,000$

As shown by these data, net operating income is budgeted at $$133,120$ for the month and the estimated break$-$even sales is $$444,000.$

Assume actual sales for the month total $$700,000$ as planned; however, actual sales by product are White, $$224,000$; Fragrant, $$280,000$; and Loonzain, $$196,000.$

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.