Percentage of total sales White 48 $.369,600 110,880 $ 258, 720 100+ 30 70 Product Fragrant Loonaan 20. 32% $ 154,000 100 $ 246,400 100 123,200 30 135,520 55 $ 30,800 20 $ 110,000 45 Total 100 $ 770,000 369,600 400,400 225.680 $ 174,720 100 48 52 Variable expenses Contribution margin Fixed expenses Net operating income Dollar males to break-evon Fixed expenses CM ratio $225,680 0.52 $434,000 As shown by these data, net operating Income is budgeted at $174,720 for the month and the estimated break-even sales is $434.000 Assume that actual sales for the month total $770,000 as planned. Actual sales by product are: White, $246,400; Fragrant, $708,000; 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 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 White Fragrant Loonzain Total Percentage of total sales Gold Star Rice, Ltd. Contribution Income Statement White Product Fragrant % Total Loonzain %6 Percentage of total sales % % sele % % % % Required 1 Required 23 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 Compute the break-even point in dollar sales for the month based on your actual data. (Round your answer to the nearest whole dollar amount.) Break-even point in dollar sales