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$ 20 32 100% Sales $ 292,800 100 $ 122, eee 188 $ $ 195,200 100 $ 610, 688 Variable expenses 87,840 30$ 97,600 107,360 292,800 Contribution margin $ 204,960 70 $ $ 24,480 20 $ $ 87,840 45 317,200 52 Fixed expenses 231,400 Net operating income $ 85,800 108 80 55 48 CM ratio Dollar sates to break-even Fixed expenses $231,480 0x52 5445,000 As shown by these dato, net operating income is budgeted at $85,800 for the month and the estimated break-even sales is $445,000, Assume that actual sales for the month total $610,000 as planned; however, actual sales by product are: White, $195.200; Fragrant, $244,000; and Loonzain, $170,800 Required: 1. Prepare a contribution format income statement for the month based on the actual sales dito, 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 White Loonzain Total % % % Percentage of total sales Variable expenses Commissions % % % %4 % % % 0 % 0 0 % $ 0 0% $ 0 0 0 % $ 0 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.) Break-even point in dollar sales