Gold Star Rice Lituted of Thailand exports Thance throughout Asia. The company grows three vanotos of rico-White, Fragrant, and Loonzain Budgood sales by product and in total for the coming month are shown below Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income White 4096 43% 500 105 120 $ 245 280 100% 30% 70% Fragrant 20% $ 146,000 116 800 $ 29,200 Product Loonzain 3296 100% $ 233,000 BOS 128 480 20% $ 105,120 10094 556 45% Total 100% $ 730,000 350 400 379,600 225 680 $ 153,920 100% 48% 52% Dollar sales to break even = Fixed expenses ICM ratio = $225,680/0.52 = 5434,000 = / - As shown by these data, net operating income is budgeted at $153 920 for the month and the estimated break even sales is 5434000 , Assume that adual sales for the month total $730,000 as planned, however actual sales by product are White 5233 600, Fragrant, $292,000 and Loorzain 5204,400 , , , , $ Required: 1 Prepare a contrbution format income statement for the month based on the actual sales dala 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 2 Prepare a contbution format income statement for the month based on the actual sales data. Gold Star Rice Limited Contribution Income Statement Product White Fragrant Loonzain Total % Percentage of total sales 98 % 9 T % Required 2 > Gold Star Rice Limited of Thailand exports Thal nice throughout Asia. The company grows three vaneties of noe-White, Fragrant, and Loonzain Budgeted sales by product and in total for the coming month are shown below Loonzain Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income White 48% $ 350,400 105,120 $ 245,280 10096 30% 70% Product Fragrant 20% 32% $ 146,000 100% $ 233 600 116 800 80% 128480 $ 29,200 20% $ 105,120 100% % 55% 4596 Total 100% $ 730,000 350.400 379,600 225680 $ 153,920 100% 4896 52% Dollar sales to break even = Fixed expenses/CM ratio = S225 680/0,52 = S434 000 As shown by these data, net operating income is budgeted at S153,920 for the month and the estimated break-even sales is S434000 Assume that actual sales for the month total S730,000 as planned, however, actual sales by product are White, 5233,600, Fragrant, $292,000 and Loonzain S204,400 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 even port in dear sales