Problem 5-21 (Algo) Sales Mix; Multiproduct Break-Even Analysis [LO5-9) 320 Gold Star Rice, Limited, of Thailand exports Thal 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 Tragrant Lontain 401 Percentage of total sales 1000 201 los $.350,400 1000 $ 146,000 IDOS $ 23,600 100 $ 730.000 1001 Variable expenses 105,120 300 116,000 BON 128,400 558 350.400 Contribution margin 5.245,280 708 $ 29,200 201 $ 105,120 451 399.600 ed expense 229,320 met operating Income $ 150.280 Dollar sales to break-even = Fixed expenses / CM ratio = $229,320/0.52 = $441,000 As shown by these dota, net operating income is budgeted at $150,280 for the month and the estimated break even sates is $441,000. Assume that actual sales for the month total 5730,000 as planned; however, actual sales by product are: White, $233,600, Fragrant $292.000, and Loonzain, $204,400. Required: 1. Prepare a contribution format income statement for the month based on the actual sales doto. 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 Bequired 2 Prepare a contribution format income statement for the month based on the actual sales data. Gold Star Rice, Limited Contribution Income Statement Product White Fragrant Percentage of totale Loontain Total OS 3 0 0 Required 2 >