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help asap please Gold Star Rice, Ltd. of Thailand exports Thal rice throughout Asia. The company grows three varieties of rice-White, Fragrant, ond Loonzain Budgeted

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Gold Star Rice, Ltd. of Thailand exports Thal rice throughout Asia. The company grows three varieties of rice-White, Fragrant, ond 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 $ 42,000 Fragrant 52% 180 X 390,000 72 78.000 28 X $312,000 Product Loonzai Total 28 189 100 % 219,00 100 x $750,000 20% 84,090 40 x 278,909 80 % 126,000 60 X 480,000 449, 280 $ 30,720 100 x 36 % 64 Dollar sales to break even Fixed expenses CH ratio 3449,280 0.64 - $702,000 As shown by these dato, 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. Actual sales by product are White 5300,000, 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

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