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 Product White Fragrant Loonzain Total Percentage of total sales 48 % 20% 32% 100 % Sales $ 355,200 1 X $ 148,000 100 % 5236,800 100 % 5 740,000 Variable expenses 106,560 30 X 118,400 80 x 130,240 55 % 355,200 48 Contribution margin $ 248,640 70 % 5 29,600 20 x $ 106,560 384,800 52 X Fixed expenses 231,400 Net operating income $ 153,400 100 $231,400 0.52 - $445,000 Fixed expenses Dollar sales to break-even CM ratio As shown by these data, net operating income is budgeted at $153.400 for the month and the estimated break even sales is $445,000 Assume that actual sales for the month total $740,000 as planned, however, actual sales by product are White, $236,800, Fragrant. $296,000, and Loonzain, $207,200. 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 fuld Contatti Inco St Product White Loomin Total Percentage of total sales % % % 0 0 % $ 0 0% $ 0 Ol 0 % 0 Daud2 $296,000, and Loonzain, $207,200 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.) Birak even point doar pales