Question: I need help please with all the blue boxes to solve for each Gold Star Rice, Limited, of Thailand exports Thal rice throughout Asia. The



Gold Star Rice, Limited, of Thailand exports Thal 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 489 204 329 100% Sales $ 292,800 1004 $ 122,000 1004 $ 195,200 1004 $ 610,000 100% Variable expenses 87,840 305 97,600 809 107,360 55 292,800 48% Contribution margin $ 204,960 70% $ 24,400 204 $ 87,840 454 317,200 524 Fixed expenses 223,600 Net operating income $ 93,600 Dollar sales to break-even = Fixed expenses / CM ratio = $223,600/0,52 - $430,000 As shown by these data, net operating income is budgeted at $93,600 for the month and the estimated break-even sales is $430,000, Assume that actual sales for the month total $610,000 as planned; however, actual sales by product are: White, $195,200; Fragrant, $244,000; and Loonzain, $170,800. 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, Limited Contribution Income Statement Product Fragrant Loonzain Total White wwwww 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, Limited Contribution Income Statement Product White Fragrant Loonzain Percentage of total sales % % Sales % Variable expenses % Contribution margin $ 0 0 % $ 0 0% $ 0 Total % % % 0% % 0% 0 $ 0 Contribution margin Contribution loss Required 2 > awe Required 1 Required 2 Prepare a contribution format income statement for the month based on the actual sales data. Gold Star Rice, Limited Contribution Income Statement Product White Fragrant Loonzain Percentage of total sales % % % Sales % % Variable expenses % Contribution margin $ 0% $ $ Fixed expenses Net operating income Total % % % 0 % % % 0 olx 0 0 01% $ 0 Required 2 > Net operating income Net operating loss LE $ 93,680 Dollar sales to break-even Fixed expenses/CM ratio $223,600/0.52 = $430,000 As shown by these data, net operating income is budgeted at $93,600 for the month and the estimated break-even sales is $430,000 Assume that actual sales for the month total $610,000 as planned; however, actual sales by product are: White, $195,200, Fragrant, $244.000; and Loonzain. $170,800. Required: 1. Prepare a contribution format income statement for the month based on the actual sales dato. 2. Compute the break-even point in dollar sales for the month based on your actual dato Complete this question by entering your answers in the tabs below. Required 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.) Bronk even point in dolar sales
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