Gold Star Rice, Ltd., of Thailand exports Thai rice throughout Asia. The company grows three varieties of riceWhite, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming month are shown below:

Complete this question by entering your answers in the tabs below. Required 1Required 2 Compute the break-even point in dollar sales for the month based on your actual data. (Round your answer to the nearest whole dollar amount.) Break-even point in dollar sales Required 1 Required 2 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 Product White 48 % Fragrant 20 % Loonz 32 Tota 100 % Percentage ot total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income $336,000 1008 $140,000 100% $224,000 1008 $700,000 100% 48 % 100,800 $ 235,200 30 70% $ 28,000 55 45 112,000 80 % 123,200 20% $100,800 336, 000 364,000 52 % 133, 640 Fixed expenses CM ratio $230,360 = $443,000 Dollar sales to break-even 0.52 As shown by these data, net operating income is budgeted at $133,640 for the month and the estimated break-even sales is $443,000 Assume that actual sales for the month total $700,000 as planned. Actual sales by product are: White, $224,000; Fragrant, $280,000; and Loonzain, $196,000 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 RequiredRequired 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 Loonzairn Total Percentage of total sales