Gold Star Rice, Ltd., of Thailand exports Thai rice throughout Asia. The company grows three varieties of rice-Fragrant, White, and Loonzain. Budgeted sales by product and in total for the coming month are shown below: Product Loonzain 32% Total 100% Fragrant White 48% 20% Percentage of total sales Sales Variable expenses $297,600 100% $124,000 100% $198,400 100% $620,000 100% 99,200 80% 109,120 55% 297,600 48% 89,280 30% Contribution margin Fixed expenses Net operating income $208,320 70% $24,800 20% $89,280 45% 322,400 52% 231,400 $ 91,000 231,400 0.52 Fixed ex =$445,000 ses Dollar sales to break even- CM ratio As shown by these data, net operating income is budgeted at $91,000 for the month and break even sales at $445,000 Assume that actual sales for the month total $620,000 as planned. Actual sales by product are: White $198,400; Fragrant, $248,000; and Loonzain, $173,600