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Emithen Company, a wholesale distributor, has been operating for only a few months. The company sells three products - sinks . mirrors, and vanities. Budgeted
Emithen Company, a wholesale distributor, has been operating for only a few months. The company sells three productssinks
mirrors, and vanities. Budgeted sales by product and in total for the coming month are shown below based on planned unit sales as
follows:
Breakeven point sales dollars $
Breakeven point in unit sales:
Total Fixed expenses
Weightedaverage CM per unit
$$$
As shown by these data, operating income is budgeted at $ for the month, breakeven sales dollars at $ and break
even unit sales at
Assume that actual sales for the month total $ units with the CM ratio and per unit amounts the same as budgeted.
Actual fixed expenses are the same as budgeted. $ Actual sales by product are as follows: sinks $ units;
mirrors, $ units: and vanities, $ units
Required:
Prepare a contribution format income statement for the month based on actual sales data. Round your percentage onswers to the
hearest whole number.
Compute the break even point sales dollars for the month
Calculate the break even point unit sales for the month.
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