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 Percentage of total sales White 48% Fragrant 20 M Loonzain 32 Total 100 Sales Variable expenses Contribution margin Fixed expenses Net operating income. $ 374,400 112,320 100 30 $ 262,080 70 $156,000 124,800 31,200 100 N $ 249,600 BON 137,280 20 % $ 112,320 100 W 55% $780,000 100 374,400 48 45 405,600 521 230,360 $ 175,240 Dollar sales to break-even Fixed expenses CH ratio $230,360 0.52 - $443,000 As shown by these data, net operating Income is budgeted at $175,240 for the month and the estimated break-even sales is $443,000. Assume that actual sales for the month total $780,000 as planned; however, actual sales by product are: White, $249,600; Fragrant, $312,000; and Loonzain, $218,400. 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.