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mithen Company, a wholesale distributor, has been operating for only a few months. The company sells three productssinks, mirrors, and vanities. Budgeted sales by product
mithen 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: Units Percentage Sinks 1,150 50 % Mirrors 575 25 % Vanities 575 25 % Total 2,300 1 % Product Sinks Mirrors Vanities Total Percentage of total sales 48 % 20 % 32 % 100 % Sales $ 276,000 100 % $ 115,000 100 % $ 184,000 100 % $ 575,000 100 % Variable expenses 82,800 30 % 92,000 80 % 101,200 55 % 276,000 48 % Contribution margin $ 193,200 70 % $ 23,000 20 % $ 82,800 45 % 299,000
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