Vui Saved Hel Problem 5-21 Sales Mix; Multiproduct Break-Even Analysis (L05-9) 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: White 48 $ 302,400 90, 720 $ 211,680 Percentage of total sales Sales Variable expenses Contribution margin Fixed expenses Net operating income 100 30 704 Product Fragrant Loonzain 20 32 $ 126,000 100 $ 201,600 100% 100,800 80 110,880 55 $ 25, 200 20 $ 90, 720 45 100% 48 Total 100 $ 630,000 302,400 327,600 226,200 $ 101,400 52 % Dollar sales to break-even Fixed expenses CM ratio $226,280 0.52 -$435,000 As shown by these data, net operating income is budgeted at $101.400 for the month and the estimated break-even sales is $435,000 Assume that actual sales for the month total $630,000 as planned. 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. Monnect Saved 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. Gold Star Rice, Ltd. Contribution Income Statement Product White Fragrant Loonzain Total Percentage of total sales % % % % % % % % % % 9 % % % % Required 2 > 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 ces Compute the break-even point in dollar sales for the month based on your actual data. (Round your answer to the whole dollar amount.) Break-even point in dollar sales