Gold Star Rice, Limited, of Thailand exports Thai tice 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 White 48% 5 112.000 Percentage of total sales Sales Varable expenses Contribution margin 100% 30 70% Fregnant 2003 $ 130,000 104.000 $26.000 Product Loontain 32% 10071 5 200,000 ba 114,400 20% 5.93,600 100% 55% 45 Total 100% $ 650,000 312.000 330.000 224, 120 $113,860 100 48 52% $ 218,400 Het operating Income Dollar sales to break-even - Fixed expenses/CM ratio - 522412070525431000 As shown by these data, net operating income is budgeted at $113,880 for the month and the estimated break-even sales is 5431000 Assume that actual sales for the month total $650.000 as planned, however, actual sales by product are White, $208,000, Fragrant, $260,000, and Loontain, $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. Required Required 2 Prepare a contribution format income statement for the month based on the actual sales data Gold Star Rice Limited Contribution Income Statement Product While Purcentage of totale Loncin Total