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Gold Star Rice, Limited, of Thalland exports Thal rice throughout Asla. The company grows three varietles of rice - White, Fragrant, and Loonzain. Budgeted sales

Gold Star Rice, Limited, of Thalland exports Thal rice throughout Asla. The company grows three varietles 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 ratlo =$224,1200.52=$431,000
As shown by these data, net operating income is budgeted at $150,280 for the month and the estimated break-even sales is $431,000.
Assume actual sales for the month total $720,000 as planned; however, actual sales by product are White, $230,400; Fragrant, $288,000; and Loonzaln, $201,600.
Requlred:
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.
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Prepare a contribution format income statement for the month based on the actual sales data.
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