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: Dollarsalestobreak-even=CMratioFixedexpenses=0.52$234,000=$450,000 As shown by these data, net operating income is budgeted at $140,400 for the month and the estimated break-even sales is $450,000. Assume that actual sales for the month total $720,000 as planned. Actual sales by product are: White, $230,400; Fragrant, $288,00 and Loonzain, $201,600. 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. Prepare a contribution format income statement for the month based on the actual sales data. Compute the break-even point in dollar sales for the month based on your actual data. (Round your answer to the nearest whole dollar amount.) [The following information applies to the questions displayed below.] Data for Hermann Corporation are shown below: Fixed expenses are $83,000 per month and the company is selling 2,500 units per month. Exercise 6-5 Part 2 2-a. Refer to the original data. How much will net operating income increase (decrease) per month if the company uses higher-qualit components that increase the variable expense by $5 per unit and increase unit sales by 15%. 2-b. Should the higher-quality components be used? Complete this question by entering your answers in the tabs below. Refer to the original data. How much will net operating income increase (decrease) per month if the company uses higherquality components that increase the variable expense by $5 per unit and increase unit sales by 15%. Should the higher-quality components be used? [The following information applies to the questions displayed below.] Data for Hermann Corporation are shown below: Fixed expenses are $83,000 per month and the company is selling 2,500 units per month. Exercise 6-5 Part 1 Required: l-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,800 an monthly sales increase by $17,250 ? l-b. Should the advertising budget be increased? Complete this question by entering your answers in the tabs below. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,800 and monthly sales increase by $17,250 ? (Round any unit calculations up to the nearest whole unit.) Should the advertising budget be increased