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 $ 302,400 100 $ 126,000 100# $ 201,600 100 $ 630,000 100 Variable expenses 90, 720 30 100,000 80 110,880 55 302,400 48 Contribution margin $ 211,680 708 $ 25,200 20# $ 90, 720 45 327,600 52 Fixed expenses 231,920 Net operating income $ 95,680 Dollar sales to break-even Fixed expenses CM ratio $231,920 0.52 $446,000 As shown by these data, net operating Income is budgeted at $95,680 for the month and the estimated break-even sales is $446,000. Assume that actual sales for the month total $630,000 as planned; however, actual sales by product are: White, $201,600; Fragrant, $252,000; and Loonzain, $176,400. 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, Ltd. Contribution Income Statement Product Fragrant White Loonzain Total Percentage of total sales % % % % % % 0 % $ 0 0 % $ 0 $ 0 0 % 0 0 % $ 0 Red Required 2 > 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.) Break-even point in dollar sales