Loonzain. Budgeted sales by product and in total for the coming month are shown below: Product Percentage of total sales White 489 Fragrant 20% Loonzain 32% Total 100% Sales. Variable expenses $ 326,400 97,920 100% 30% $136,000 108,800 100% 80% $ 217,600 119,680 100% 55% $ 680,000 100% 326,400 48 Contribution margin $ 228,4801 70% $ 27,200 208 $ 97,920 458 353,600 52 Fixed expenses Net operating income 224,640 $128,960 Dollar sales to break-even - Fixed expenses/CM ratio = $224,640/0.52 $432,000 As shown by these data, net operating income is budgeted at $128,960 for the month and the estimated break-even sales is $432,000. Assume that actual sales for the month total $680,000 as planned; however, actual sales by product are: White, $217,600; Fragrant, $272,000; and Loonzain, $190,400. 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. 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 Compute the break-even point in dollar sales for the month based on your actual data. Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount. Break-even point in dollar sales < Required 1 Required 2