Gold Star Rice, Ltd., of Thailand exports Thai rice throughout Asia. The company grows three varieties of rice-Fragrant, White, and Loonzain. Budgeted sales by product and in total for the coming month are shown below: Product White 48% Total 100% Fragrant Loonzain 20% Percentage of total sales Sales $331,200 100% $138,000 100% $220,800 100% $690,000 100% 110,400 80% 121,440 55% 331,200 48% ariable expenses 99,360 30% Contribution margin Fixed expenses $231,840 70% $27,600 20% $99,360 45% 358,800 52% 231,920 Net operating income $126,880 eFReo expenses $231920 Fixed expenses CM ratio =$446,000 Dollar sales to break even = 0.52 As shown by these data, net operating income is budgeted at $126,880 for the month and break even sales at $446,000 Assume that actual sales for the month total $690,000 as planned. Actual sales by product are: White $220,800; Fragrant, $276,000; and Loonzain, $193,200 Required 1. Prepare a contribution format income statement for the month based on actual sales data Gold Star Rice,Ltd Contribution Income Statement Product Fragrant White Loonzain Total Percentage of total 1001% 30 | % 70 % 1001% 55 % 451% 1001% 48 % 52 % Sales 1001% 80 1% riable expenses Contribution margin Fixed expenses 0 0 2019 $ 0 et operating income 2. Compute the break-even point in dollar sales for the month based on your actual data. (Round your final answer to the nearest whole dollar.) Break-even point in sales dollars