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Gold Star Rice. Umited, of Thalland exports Thalrice throughout Asha. The company grows three varletles of rice- White. Fragrant, and toonzoin. Budgeted sates by product
Gold Star Rice. Umited, of Thalland exports Thalrice throughout Asha. The company grows three varletles of rice- White. Fragrant, and toonzoin. Budgeted sates by product and in totai for the coming month are strown belows Dollat sates to break even - Fixed expenses /CM ratio =$230,480/0$2:$449,000 As shown by these data, net operating income is budgeted at 5166.920 for the month and the estimated break-even sales is 5449000 . Assume that actisal sales for the month total $770,000 as planned, howevet, actual sales by product are: White, $246,400; Fragrant, Required: Required: 1. Prepare a contibution format income statement for the month based on the actual sales dala 2. Corpputh 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. 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. As shown by these data, net operating income is budgeted at $166,920 for the month and the estimated break even sales is 5449000 . $449,000. 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. Compute the break even point in dollar sales for the month based on your actual data. (Do not round intermediate colculations. Round your answer to the nearent whole dollar amount.)
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