Gold Star Rice, Limited, of Thailand exports Thai rice throughout Asio. The compony grows three varieties of rice-white, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming month are shown below: Dollar sales to break-even = Fixed expenses /CM ratio =$232,440/0.52=$447,000 As shown by these data, net operating income is budgeted at $152,360 for the month and the estimated break-even sales is $447,000. Assume that actual sales for the month total $740,000 as planned; however, actual sales by product are: White, $236,800; Fragrant \$296,000; and Loonzain, \$207,200. 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. Complete this question by entering your answers in the tabs below. Prepare a contribution format income staternent for the month based on the actual sales 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. Net operating Inecene Dollar sales to break-even = Flixed expenses /CM ratio =$232,440/0.52=$447,000 As shown by these data, net operating income is budgeted at $152,360 for the month and the estimated break-even sales is $44,000 Assume that actual Fales for the month total $740,000 as planned; however, actual sales by product are: White, $236,800;;ragrant, \$296,000; and Loorizain, \$207,200. 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. 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. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)