Gold Star Rice, Ltd. of Thailand exports Thal 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. Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income White 20$ $ 150,000 108,000 $ 42.600 Product Fragrant Loonzain 52 285 100$ 390,000 100 $ 210,000 108 72 78.800 zes 84, Bee 405 28 $312, eee 8 $ 125,000 6e Total 100 $ 750.ece 10 278.cee 36 480,000 64 449,280 $ 30,720 5449,288 0.64 Dollar sales to break-even - Fixed expenses OM ratio - $702,800 As shown by these data, net operating Income is budgeted at $30,720 for the month and the estimated break-even sales is $702,000. Assume that actual sales for the month total $750,000 as planned, however, actual sales by product are: White, $300,000; Fragrant $180,000; and Loonzain, $270,000. 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 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 Total White % Loonzain % Percentage of total sales % % * % es % % % % OS $ 0 $ 0 0 % $ 0 0 % 0 0 $ 0 Required 2 > 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. Print References 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.) Break-even point in dollar sales