Gold Star Rice, Limited, of Thailand exports That 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. White 481 $. 312,000 93.600 $ 218,400 100 301 700 Product Fragrant 200 32 $ 130,000 1008 $ 200.000 104,000 801 114, 400 $ 26,000 204 1008 551 458 Tot 1001 $ 650,000 312,000 1000 42 523 232.960 Loontain Percentage of total sales Sales Variable expenses Contribution margin $93.600 339,000 Pixed expenses Bet operating income $ 105,040 Dollar sales to break-even = Fixed expenses / CM ratio = $232,960/0.52 - $448.000 As shown by these data, net operating income is budgeted at $105,040 for the month and the estimated break-even sales is $448,000 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 Loonzain, $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