Problem 5-21 Sales Mix; Multiproduct Break-Even Analysis [LO5-9] 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 Fragrant Percentage of total 20 32 100 % $331,200 100% 138,000 100t $220,800 100%$690,000 100% 99, 360 30% 110,400 80 121,440 55% 331,200 48% Sales Variable expenses Contribution margin 231,84070$ 27,600 20$ 99 360 45 358,800 52 Fixed expenses Net operating income 224 640 $134, 160 Fixed Dollar sales to break-even $224,640- $432,000 0.52 As shown by these data, net operating income is budgeted at $134,160 for the month and the estimated break-even sales is $432,000. Assume that actual sales for the month totall $690,000 as planned. Actual sales by product are:White, $220,800; Fragrant, $276,000; and Loonzain, $193,200. Required: L Prepare a contrbution format income statement for the month based on the actual sales data 2. Compute the break-even point in dolar sales tor the month based on your actual data Complete this question by entering your answers in the tabs below Required Required Prepare a contribution format income statement for the month based on the actual sales data. Contribution Income Statement Product Peroentage of total sales 01% 01%) S 0 01% 01%