Save Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Re 3 Problem 6-21 Sales Mix; Multiproduct Break-Even Analysis (LO6-9) 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: Ints Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income White 48% $ 288,000 86,400 $ 201,600 1008 308 703 Product Fragrant 20% $ 120,000 100% 96,000 808 $ 24,000 208 Loonzain 32% $ 192,000 100% 105,600 55% $ 86,400 458 Total 100% $ 600,000 288,000 312,000 225,680 $ 86,320 100% 488 528 Dollar sales to break-even Fixed expenses CM ratio $225,680 0.52 - $434,000 As shown by these data, net operating income is budgeted at $86,320 for the month and the estimated break-even sales is $434,000. Assume that actual sales for the month total $600,000 as planned. Actual sales by product are: White, $192,000; Fragrant, $240,000; and Loonzain, $168,000. 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. Answer is not complete. Complete this question by entering your answers in the tabs below. As shown by these data, net operating income is budgeted at $86,320 for the month and the estimated break-even sale Assume that actual sales for the month total $600,000 as planned. Actual sales by product are: White, $192,000; Fragra and Loonzain, $168,000. 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. Answer is not complete. 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. (Round your answer to the nearest whole dollar amount.) Break-even point in dollar sales