Question:-3.Gold Star Rice, Ltd., of Thailand exports Thai rice throughout Asia. The company grows three varieties of riceWhite, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming month are shown below:

ProductWhiteFragrantLoonzainTotalPercentage of total sales48%20%32%100%Sales$379,200100%$158,000100%$252,800100%$790,000100%Variable expenses113,76030%126,40080%139,04055%379,20048%Contribution margin$265,44070%$31,60020%$113,76045%410,80052%Fixed expenses233,480Net operating income$177,320

Dollar sales to break-even=Fixed expenses=$233,480= $449,000CM ratio0.52

As shown by these data, net operating income is budgeted at $177,320 for the month and the estimated break-even sales is $449,000.

Assume that actual sales for the month total $790,000 as planned. Actual sales by product are: White, $252,800; Fragrant, $316,000; and Loonzain, $221,200.

Required:

1. Make 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.

Question:-4Lindon Company is the exclusive distributor for an automotive product that sells for $40.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $246,000 per year. The company plans to sell 23,700 units this year.

Required:

1. What are the variable expenses per unit?(Round your "per unit" answer to 2 decimal places.)

2. What is the break-even point in unit sales and in dollar sales?

3. What amount of unit sales and dollar sales is required to attain a target profit of $126,000 per year?

4. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $4.00 per unit. What is the company's new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $126,000?