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s mix Help Suve & E Submit Check my work Problem 5-21 (Algo) Sales Mix; Multiproduct Break-Even Analysis (LO5-9) Gold Star Rice, Ltd., of Thailand

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s mix Help Suve & E Submit Check my work Problem 5-21 (Algo) 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: Percentage of total sales 324 White 48 $ 382,400 90, 720 $ 211,680 Product Fragrant Loonzain Total 20 1004 100 $ $ 126,000 100 $ 201,600 100 $ 5630, ee 30 100, 800 80 119,880 55 302,400 70 $ 25, 203 204 $ 90, 720 45 327,680 229 340 $ 97.760 100 48 52 Variable expenses Contribution margin Fixed expenses Net operating income Dollar sales to break-even - Fixed expenses $229,840 CH ratio = $442,000 0.52 As shown by these data, net operating income is budgeted at $97,760 for the month and the estimated break-even sales is $442.000 Assume that actual sales for the month total $630,000 as planned; however, actual sales by product are: White. 5201,600; Fragrant. $252,000; and Loonzain, $176,400, Required: 1. 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution format income statement for the month based on the actual sales data. White Loonzain Total Gold Star Rico. Ltd. Contribution Income Statement Product Fragrant % % % % % 0 % $ 0 0 % $ % Percentage of total sales % % % % % 0 0 0 % 01% 0 $ $ 0 Required 2 > Net operating income $ 97,760 Dollar sales to break-even Fixed expenses $229,849 CM ratio 0.52 - $442,000 As shown by these data, net operating income is budgeted at $97760 for the month and the estimated break-even sales is $442,000 Assume that actual sales for the month total $630,000 as planned; however, actual sales by product are: White. $201,600; Fragrant. $252,000; and Loonzain, $176,400. Required: 1. 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the break-even point in dollar sales for the month based on your actual data (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount Break-even point in dollar sales

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