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TOWE education.com/252Fgmiddleware To Help Problem 6-21 Sales Mix: Multiproduct Break-Even Analysis (L06-9) Gold Star Rice, Lad of Thailand exports That nice throughout Asia. The company

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TOWE education.com/252Fgmiddleware To Help Problem 6-21 Sales Mix: Multiproduct Break-Even Analysis (L06-9) Gold Star Rice, Lad of Thailand exports That nice throughout Asia. The company grows three varieties of rice-White, Fragrant, and Loonzai Budgeted sales by product and in total for the coming month are showri below. AN $ 10,400 105, 120 $ 245,200 Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Het operating income 100 308 70 det Fragrant 20 $ 140,000 LOOK 116, BOX $ 29,200 2013 La 32 $ 23,000 12040 105,120 40 SS 455 Total 100 750,000 350.400 379.00 2340 3146,120 Bollar sales to break even Fixed expenses CM ratio - 1440,000 0.52 As shown by these data, net operating income is budgeted at $146,120 for the month and the estimated break-even sales is 5449.000 Assume that actual sales for the month total $730,000 as planned. Actual sales by product are White $233,600, Fragrant, $292,000, and Loonzain, $204,400 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

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