Please help with requirements 1-2, thank you!

Ch 3 Gold Star Rice, Ltd., of Thailand exports Thai 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: Product White Loonzain Total Fragrant 20 % oints Percentage of total sales Sales 48 % 32% 100 % $331,200 99,360 100% $138,000 100% $220,800 100 % $690,000 100% Variable expenses 30% 80% 55 % 48 % 110,400 121,440 331,200 20% 99, 360 70% 27,600 Contribution margin $231,840 45% 52% 358,800 eBook Fixed expenses 228,280 $130,520 Net operating income Print Fixed expenses 228,280- $439,000 Dollar sales to break CM ratio 0.52 even References As shown by these data, net operating income is budgeted at $130,520 for the month and the estimated break-even sales is $439.000. Assume that actual sales for the month total $690,000 as planned. Actual sales by product are: White, $220,800; Fragrant, $276,000; and Loonzain, $193,200 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 Rice, Ltd. Check my work 3 UUIIdI sdes LU UIredk - TIAC EAPEISCS CM ratio =$439,000 0.52 even budgeted at $130,520 for the month and the estimated break-even sales is As shown by these data, net operating income $439,000. 5 Assume that actual sales for the month total $690,000 as planned. Actual sales by product are: White, $220,800; Fragrant, $276,000; and Loonzain, $193.200. points Required: 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. eBook Complete this question by entering your answers in the tabs below. Print Required 2 References Required 1 Prepare a contribution format income statement for the month based on the actual sales data. Gold Star Rice, Ltd. Contribution Income Statement Product Total White Fragrant Loonzain % Percentage of total sales % Sales % % 220,800 Variable e Contribution margin % es 0%S 0% 220,800 0 0% % S 0 Fixed expenses Net operating income 0 Required 1 Required 2