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 Loonzain $ White 48 288,000 86,400 201. $ Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income 1eeX Fragrant 20 % 120,000 96,000 24,000 100 30X 20 100 se 20 192,000 105,600 86,400 100 55 45 Total 100 X $ 600.000 288,000 312,000 226, 720 $ 5,20 $ $ $ Dollar sales to break-even Fixed expenses CM ratio . $226,720.. . As shown by these data, net operating income is budgeted at $85.280 for the month and the estimated break even sales is $436.000 Assume that actual sales for the month total $600,000 as planned. Actual sales by product are: White, $192,000; Fragrant. $240,000 and Loonzain, $168,000. 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. Required 1 Required 2 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 % Loonzain Total Percentage of total sales $ 0 0% S 0 Required 1 Required 2 > 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. (Round your answer to the nearest whole dollar amount.) Break even point in dollar sales