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Problem 2-21 (Alge) Sales Mix; Multiproduct Break-Even Analysis [LO2-9] Gold Star Rice, Limited, of Thailand exports Thai rice throughout Asia. The company grows three varieties

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Problem 2-21 (Alge) Sales Mix; Multiproduct Break-Even Analysis [LO2-9] Gold Star Rice, Limited, of Thailand exports Thai rice throughout Asia. The company grows three varieties of riceWhite, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming month are shown below: Product White Fragrant Loonzain Total Percentage of total sales 48% 0% 3% 100% sales % 346,500 188% 142,000 180% 227,200 188% 718,000 100% variable expenses 182,240 0 113,600 Bk 124,260 55% 348, 500 45% Contribution margin % 238,560 70% $ 28,400 20% % 102,240 45% 369,200 52% Fixed expenses 223,608 Het operating income 145,600 Dollar sales 1o break-even = Fixed expenses CM ratio = $223,600

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