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 White Total Fragrant Loonzain Percentage of total sales 20% 52% 28% 100% Sales 150,000 100% 390,000 100% 210,000 100% $750,000 100% Variable expenses 108.000 72% 78,000 20% 84,000 40% 270,000 36% Contribution margin 42,000 28% 312,000 80% 126,000 60% 480,000 64% 449,280 Fixed expenses 30,720 Net operating income Fixed expenses $449,280 Dollar sales to break even $702,000 CM ratio 0.64 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