Question: PLEASE DO EACH REQUIREMENT CORRECTLY! IF SO, I WILL LEAVE AN UPVOTE. Prepare a contribution format income statement for the month based on the actual

PLEASE DO EACH REQUIREMENT CORRECTLY! IF SO, I WILL LEAVE AN UPVOTE.
PLEASE DO EACH REQUIREMENT CORRECTLY! IF SO, I WILL LEAVE AN UPVOTE.
Prepare a contribution format income statement for the month based on the
actual sales data. Gold Star Rice. Limited, of Theiland exports Thal rice

Prepare a contribution format income statement for the month based on the actual sales data. Gold Star Rice. Limited, of Theiland exports Thal rice throughout Asia. The company grows three varleties of rice-White. Fragrent, and Loonzain. Budgeted sales by product and in total for the coming month are shown below: Dollar sales to break-even = Food expenses +CM rato =$224,120+0.52=$431,000 As shown by these data, net operating Income is budgeted at $93,080 for the month and the estimated break-even sales is $431,000. Assume actfal sales for the month total $610,000 as planned, however, actual sales by product ate White, $195,200, Fragrant, $244,000, and Loorzain, $170,800. Required: 1. Prepare a contribution format income statement for the month bosed on the actual soles 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. 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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