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:

Product

White Fragrant Loonzain Total

Percentage of total sales 48% 20% 32% 100%

Sales $369,600 100% $154,000 100% $246,400 100% $770,000 100%

Variable expenses 110,880 30% 123,200 80% 135,520 55% 369,600 48%

Contribution margin $258,720 70% $30,80020% $110,880 45% 400,400 52%

Fixed expenses 226,200

Net operating income $174,200

Dollar sales to break-even = Fixed expenses / CM ratio = $226,200 / 0.52 = $435,000

As shown by these data, net operating income is budgeted at $174,200 for the month and the estimated break-even sales is $435,000.

Assume that actual sales for the month total $770,000 as planned. Actual sales by product are: White, $246,400; Fragrant, $308,000; and Loonzain, $215,600.

Required:

1. What is the percentage total sales, Sales, and variable expenses of each product?

White Fragrant Loozain Total

Percentage of the total sales __?__ % __?___% __?___% __?___%

Sales __?___ ___?__ __?___ __?___

Variable expenses __?___ __?__ ___?__ ___?__

2. What is the break-even point in dollar sales for the month based on your actual data?