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	$	379,200	100%	$	158,000	100%	$	252,800	100%	$	790,000	100%
Variable expenses		113,760	30%		126,400	80%		139,040	55%		379,200	48%
Contribution margin	$	265,440	70%	$	31,600	20%	$	113,760	45%		410,800	52%
Fixed expenses											227,760
Net operating income										$	183,040

Dollar sales to break even	=	Fixed expenses	=	$227,760	= $438,000
		CM ratio		0.52

As shown by these data, net operating income is budgeted at $183,040 for the month and break even sales at $438,000.

Assume that actual sales for the month total $790,000 as planned. Actual sales by product are: White, $252,800; Fragrant, $316,000; and Loonzain, $221,200.

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

2.	Compute the break-even point in dollar sales for the month based on your actual data. (Round your final answer to the nearest whole dollar.)