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: Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income Product White 48% Fragrant 20% Loonzain 32% $360,000 108,000 $252,000 100% 30% $ 150,000 120,000 70% $ 30,000 100% 80% 20% $ 240,000 132,000 $108,000 100% 55% Total 100% $750,000 360,000 100% 48% 45% 390,000 52% 230,880 $159,120 Dollar sales to break-even-Fixed expenses CM ratio- $230,880 052 $444,000 As shown by these data, net operating income is budgeted at $159120 for the month and the estimated break even sales is $444,000 Assume that actual sales for the month total $750,000 as planned; however, actual sales by product are: White, $240,000; Fragrant $300,000, and Loonzain, $210,000 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. Required 11 Required 2 Prepare a contribution format income statement for the month based on the actual sales data.