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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

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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 40% $340,800 102,200 238,560 100% Product Fragrant Looban 20 323 $ 142,000 TOOX $ 227,200 113,600 Hox 124, 5.2.400 20% $ 102,240 Percentage of total Sales Variable expenses Contribution margin Fixed expenses Het operating income 100X 100% Total 10 $710.00 340,00 369200 223,250 $ 110,920 705 524 Dollar sales to break even Roxed expenses / CM ratio $228,28070,52 - 5439,000 As shown by these data, net operating income is budgeted at $140,920 for the month and the estimated break even sales is $439,000 Assume that actual sales for the month total 5710.000 as planned, however, actual sales by product are: White, $227200, Fragrant. $284,000, and Loonzain, $198.800 Required: 1. Prepare a contribution format income statement for the month based on the actual sales cata. 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 1 Required 2 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 1 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 Fragrant % White Loonzain Total % % % % % % Percentage of total sales Salos Variable expenses Contribution margin Fixed expenses Net operating income 0 0 $ $ os 0 0 $ 0 015 ols $ 0 Required Required 2 > 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 1 Required 2 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.) Break uveri paint in dollar salos

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