Problem 5-21A 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-Fragrant, White, and Loonzain. Budgeted sales by product and in total for the coming month are shown below Product RAFragrant White 20% Loonzain 28% Total 100% Percentage of total sales Sales Variable expenses 52% $150,000 100% $390,000 100% $210,000 100% $750,000 100% 108,000 72% 78,000 20% 84,000 40% 270,000 36% $42,000 28% $312,000 80% $126,000 60% 480,000 64% Contribution margin Fixed expenses Net operating income 449,280 30,720 fixed expenses CM ratio Dollar sales to break even 0.640-= $702,000 = As shown by these data, net operating income is budgeted at $30,720 for the month and break even sales at $702,000. Assume that actual sales for the month total $750,000 as planned. Actual sales by product are: White, 300,000; Fragrant, $180,000; and Loonzain, $270,000