Problem 6-21 Sales Mix; Multiproduct Break-Even Analysis [LO6-9] Gold Star Rice, Ltd, of Thalland 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 White 48% Product Fragrant 20% Loonzairn 32% Total 100% Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income $302,400 100% $126,00e 1ees $201,600 100% $630,000 188% 99,720 30% 100,800 80% 110,888 55% 302,400 48% $211,680 78% $25,200 28% $90,720 45% 327,600 52% 229,320 $ 98,286e lar sales to breakFixed expenses $229 320 -CM ratio 0.52$441,000 even As shown by these data. net operating income is budgeted at 98 280 r the month and she ac Dollar sales to break- Fixed expenses $229,320 CH ratio52$441,000 even As shown by these data, net operating income is budgeted at $98. 280 for the month and the estimated break-even sales is $441,000 Assume that actual sales for the month total $630,000 as planned Actual sales by product are White. $201600. Fragrant, $252,000; and Loonzain, $176,400 Required: , 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 Required 1 Required 2 Prepare a contribution format income statement for the month based on the actual sales data. Gold Star Rice, Ltd. Contribution Income Statement Product Fragrant White Loonzain Total Percentage of total sales 01% 0%| $ 01% Required 2 x