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: Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income White 48 % $ 302,400 90,720 $ 211,680 100 % 30 % 70 % Fragrant 20 % $ 126,000 100,800 $ 25, 200 Product Loonzain 32 % 100 % $ 201,600 80 % 110,880 20 % 90,720 100 % 55 % 45 % Total 100 % $ 630,000 302,400 327,680 226,720 $ 100,880 100 % 48 % 52 % Dollar sales to break-even Fixed expenses CM ratio $226,720 0.52 = $436,000 As shown by these data, net operating income is budgeted at $100,880 for the month and the estimated break-even sales is $436.000. Assume that actual sales for the month total $630,000 as planned; however, actual sales by product are: White, $201,600; Fragrant, $252,000, and Loonzain, $176,400. 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 Prepare a contribution format income statement for the month based on the actual sales data. Gold Star Rice, Ltd. Contribution Income Statement Product White Fragrant Loonzain Total Percentage of total sales % % % % % % % % % % % % % % % % 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 point in dollar sales