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 Fragrant Loonzain Total Percentage of total sales 48 is 20 % 32 is 100 % Sales $ 379,200 100 % $ 158,000 100 % $ 252,800 100 % $ 790,000 100 % Variable expenses 113,760 30 3; 126,400 80 % 139,040 55 % 379,200 48 5; Contribution margin $ 265,440 70 % $ 31,600 20 % $ 113,760 45 % 410,800 52 % Fixed expenses 234,000 Net operating income $ 176,800 I \fGold Star Rice, Ltd. Contribution Income Statement Product White Fragrant Loonzain Total Percentage of total sales 32 % 40 % 28 % 100 % Sales $ 252,800 100 % $ 316,000 100 % $ 221,200 100 % $ 790,000 % Variable expenses 30 % 801 % 55 % % Contribution margin $ 252,800 70 % $ 316,000 20 % $ 221,200 45 % 790,000 0% Fixed expenses Net operating income $ 790,000