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Problem 5-21 (Algo) Sales Mix; Multiproduct Break-Even Analysis [LO5-9] Gold Star...

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Problem 5-21 (Algo) Sales Mix; Multiproduct Break-Even Analysis [LO5-9] Gold Star Rice, Limited, 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: Dollarsalestobreak-even=Fixedexpenses+CMratio=$224,640+0,52=$432,000 As shown by these data, net operating income is budgeted at $118,560 for the month and the estimated break-even sales is $432,000. Assume actual sales for the month total $660,000 as planned; however, actual sales by product are White, $211,200; Fragrant, $264,000; and Loonzain, $184,800. Required: 1. Prepore a contribution format income statement for the month based on the actual sales data. 2. Compute the break-even point in doliar sales for the month based on your actual data. Complete this question by entering your answers in the tabs below. Compute the break-even point in dollar sales for the month based on your actual data. Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount

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