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 $ $364,800100\%$ $ $152,000100\%$ $ $243,200100\%$ $ $760,000100\%$

Variable expenses $109,44030\%121,60080\%133,76055\%364,80048\%$

Contribution margin $ $255,36070\%$ $ $30,40020\%$ $ $109,44045\%395,20052\%$

Fixed expenses $225,680$

Net operating income $ $169,520$

Dollar sales to break$-$even $=$ Fixed expenses $-$: CM ratio $=$ $$225,680-$: $0\mathrm{.}52=$ $$434,000$

As shown by these data, net operating income is budgeted at $$169,520$ for the month and the estimated break$-$even sales is $$434,000.$

Assume actual sales for the month total $$760,000$ as planned; however, actual sales by product are White, $$243,200$; Fragrant, $$304,000$; and Loonzain, $$212,800.$

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.