Gold Star Rice, Ltd, of Thailand exports Thai 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 Fragrant 48 Product L oonzain 32 100 $ 252,800 Total 100 $ 790,00 $ 100 X 100 X Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 379,200 113,260 265,440 100 X 30 % 70 % 158,000 126,400 31,600 $ 20 $ $ 113,760 4 5% 410,800 52 % 228,888 $ 182,000 Dollar sales to break-even -- Fixed expenses CM ratio . $228,888 0.52 - $440,000 As shown by these data, net operating income is budgeted at $182,000 for the month and the estimated break-even sales is $440,000. Assume that actual sales for the month total $790,000 as planned. Actual sales by product are: White, $252.800; Fragrant, $316,000 and Loonzain, $221,200. 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, Ltd. Contribution Income Statement Product Fragrant White Loonzain Total Percentage of total sales Required 2 > arch 1. Prepare a contribution format income statement for the month based on th 2. Compute the break-even point in dollar sales for the month based on your 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 actua, whole dollar amount.) Break-even point in dollar sales