Gold Star Rice, Ltd., of Thailand exports Thai rice throughout Asia. The company grows three varieties of riceFragrant, White, 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	$	312,000	100%	$	130,000	100%	$	208,000	100%	$	650,000	100%
Variable expenses		93,600	30%		104,000	80%		114,400	55%		312,000	48%
Contribution margin	$	218,400	70%	$	26,000	20%	$	93,600	45%		338,000	52%
Fixed expenses											223,600
Net operating income										$	114,400

Dollar sales to break even	=	Fixed expenses	=	$223,600	= $430,000
		CM ratio		0.52

As shown by these data, net operating income is budgeted at $114,400 for the month and break even sales at $430,000.

Assume that actual sales for the month total $650,000 as planned. Actual sales by product are: White, $208,000; Fragrant, $260,000; and Loonzain, $182,000.

1a. Prepare a contribution format income statement for the month based on actual sales data.

1b. Compute the break-even point in dollar sales for the month based on your actual data.