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Problem 4 - 2 0 Sales Mix; Multi - Product Break - Even Analysis [ LO 9 ] Smithen Company, a wholesale distributor, has been
Problem Sales Mix; MultiProduct BreakEven Analysis LO Smithen 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 in unit sales: Total Fixed expenses Weightedaverage CM per unit $ $ units $ times $ times $ times As shown by these data, operating income is budgeted at $ for the month, breakeven sales dollars at $ and breakeven 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 answers to decimal pleces.rn Compute the breakeven point in sales dollars for the month, based on the actual data. Round your percentage answers to nearest whole percent. Round other intermediate values and final answer to the nearest whole dollar. Calculate the breakeven point in unit sales for the month, based on the actual data. Do not round your intermediate calculations Round your final answer to the nearest whole number.
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