Problem 521 (Algo) Sales Mix; Multiproduct Break-Even Analysis [LO5-9] Gold Star Rice, Limited, of Thailand exports Thai lice throughout Asia. The company grows three varieties of rice-White. Fraprant, and Loonzain. Budgeted sales by product and in total for the coming month are shown below: Doilar sales to break-even = Fixed expenses f CM ratio =$226,200;0.52=$435.000 As shown by these data, net operating income is budgeted at 5137,800 for the month and the estenated breakeven sales is. $435.000 Assume that actual sales for the monsh total 5700,000 as planned, howevet actual tales by proctuct are: White. $224.000, Fragraith $280,000 and Loonzain, $196,000 Required: Required: As shown by these data, net operating income is budgeted at $137.800 for the month and the estimated breakeven sales is $435,000 Assume that actual sales for the month total $700,000 as planned; however, actual sales by product are: White, $224,000; Fragrant, $280,000, and Loonzain, $196,000. 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. Prepare a contribution format income statement for the month based on the actual sales data. 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. Compute the break-even point in dollar sales for the month based on your actual data. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)