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 48 $ 369,600 110,880 $ 258, 720 100 30 70 Product Fragrant Loonzain 20$ 32 $ 154,000 100 $ 246,400 100 123,200 80 135, 320 55 5 30,800 20 * $ 110,880 45 Total 1003 $ 770,000 369,600 400,400 225,160 $ 175,240 1000 48 52 Dollar sales to break-even Fixed expenses CH ratio $225,160 0.52 $433,000 As shown by these data, net operating income is budgeted at $175,240 for the month and the estimated break-even sales is $433,000 Assume that actual sales for the month total $770,000 as planned; however, actual sales by product are: White. $246,400; Fragrant $308,000; and Loonzain, $215,600. 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. Required 1 Required 2 Prepare a contribution format Income statement for the month based on the actual sales data Gold Star Rion, Ltd Contribution Income Statement Product Fragrant White Loontain Percentage of total sales 5 Total % % 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. Round your answer to the nearest whole dollar amount.) Break-even point in dollar salos (Required 1 Flat