Gold Star Rice, Limlted, of Thalland exports Thal rice throughout Asla. The company grows three varletles of riceWhite, Fragrant, and
Loonzain. Budgeted sales by product and In total for the coming month are shown below:
Dollar sales to breakeven Fixed expenses CM ratlo $$
As shown by these data, net operating income is budgeted at $ for the month and the estimated breakeven sales is $
Assume actual sales for the month total $ as planned; however, actual sales by product are White, $; Fragrant,
$; and Loonzain, $
Required:
Prepare a contribution format Income statement for the month based on the actual sales data.
Compute the breakeven polnt in dollar sales for the month based on your actual data.
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Prepare a contribution format income statement for the month based on the actual sales data.