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. Wh 484 3 312,000 93.600 3.215,000 Product FEROCATIE 205 323 1004 100,000 100 200,000 30 LO4.000 114.400 703 $26.000 20 33,000 Percentage of total sales Bale Variable expensa Contribution Fixed expense Net operating thoone 100 1000,000 100 398,000 $195.000 Dollar les to break-even Fixed expenses CX ALIO 5231. 29 0.52 As shown by these data, net operating income is budgeted at $106,080 for the month and the estimated break even sales is $445,000 Assume that actual sales for the month total $650,000 as planned, however, actual sales by product are White 5208,000, Fragrant $260,000, and Loonzain, $182,000 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. Requred 1 Required 2 Prepare a contribution format income statement for the month based on the actual sales data Gold Star Rice, Lid. Contribution Income Statement Produd fragran Loan Total White 4 As shown by these data net operation is budged 10600 for the month and the imated even sal 4146,000 Asume that actual sales for the month total 5610.000 planned however actual sales by Broduct me White, $200.000 Fragem $260,000, and toonza, 192,000, Required 1. Prepare a contribution format income olement of the month based on the actuales dat 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. Recured Required 2 Prepare a contribution format come statement for the month based on the actual sales data Gold Statico.id Contribution Statement Product Fragtet Loona While Percentage of total sales X 0 0 OS 05 0 ON ON Required 2 > 4 Percentage of total 1 100 312.000 93.600 10,00 100 150.000 19 10. DOO 70 $26.000 100,00 1.400 30 193,00 112.000 3000 Stipped Variable expenses Contribution wagin Fixed expenre Het operating income Dollar sains to break-even CHICIO Fixed expenses $231, 920 -9466,000 0.52 As shown by these data, net operating income is budgeted at $106.080 for the month and the estimated break even sales is $446,000 Assume that actual sales for the month total $650,000 as planned, however, actual sales by product are White, 5208,000, Fragra- $260,000; and Loonzain. 182.000, 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 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.) Bronken point in dolar salo:
