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: White 48 % $ 379,200 113,760 $ 265,440 Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income ak Product Fragrant Loonzain Total 20 % 32% 100 % 100% $ 158,000 100 % $ 252,800 100% $ 790,000 30 % 126,400 80% 139, 040 55% 379,200 70% $ 31,600 20% $ 113,760 45 % 410,800 225,160 $ 185,640 100 % 48 52 + ces Dollar sales to break-even Fixed expenses CH ratio $225, 160 0.52 = 5433.000 As shown by these data, net operating income is budgeted at $185,640 for the month and the estimated break-even sales is $433,000 Assume that actual sales for the month total $790,000 as planned; however, actual sales by product are: White, $252,800: Fragrant $316,000, and Loonzain, $221.200 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 Percentage of total sales Total % % % % % % % % % % % % % % % Required 2 > Homework Saved Help Save & Exit Submit Check my work 3 Required 1 Required 2 Compute the breek-even point in dollar sales for the month based on your actual data. (Do not round intermediate calculations. Round your answer to the nea dollar amount.) Break-even point in dollar sales Sk