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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

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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 Percentage of total sales Sales Variable expenses Contribution margin F bred expenses Net operating income White 48 X $ 331,200 99 360 $ 231,840 Product Fragrant Loontain 20 X 32 100 % 139,800 100 $ 220,000 100 % 30 % 110,400 80 % 121,440 55 70 % $ 27,600 20 %$ 99,360 45 % Total 100 % $ 690,000 331,200 358,800 231,920 $ 126, BBD 100% 48 X 52% Fixed expenses $231,920 Dollar sales to break-even C ratio 5446,000 0.52 As shown by these data, net operating income is budgeted at $126.880 for the month and the estimated break-even sales is $446,000 Assume that actual sales for the month total $690,000 as planned however, actual sales by product are White $220,800, Fragrant, $276,000, and Loonzain, $193,200 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 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 Prepare a contribution format income statement for the month based on the actual sales data Gold Star Rice, Lid Contribution Income Statement Product Fragrant White Total Loontain Percentage of total sale % % 0 % 5 ole $ 0 0 0 Ols 05 0 $ 0 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 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.) Brak vennointin dollar sales (Required 1

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