Problem 4-20 Sales Mix; Multi-Product Break-Even Analysis [LO9] Smithen Company, a wholesale distributor, has been operating for only a few months. The company sells three products-sinks, mirrors, and vanities. Budgeted sales by product and in total for the coming month are shown below based on planned unit sales as follows: Sinks Mirrors Vanities Units 800 400 400 Percentage 50% 25% 25% Total 1,600 100% Product Percentage of total sales Sales Variable expenses Sinks 44% $181,630.00 36,326.00 100% 20% Mirrors 25% $102,500 82,000 100% 80% Vanities 31% $125,870.00 62,935.00 100% 50% Total 100% $410,000.00 181,261.ee 100% 44% Contribution margin $145,304.00 80% $ 20,500 20% $ 62,935.00 50% 228,739.ee 56% Contribution margin per unit $ 181.63 $ 51.25 15734 Fixed expenses 184,800.00 Operating income $ 43,939.00 CS Scante Fixed expenses $184,800 Break-even point in sales dollars - = $330,000 Overall CM ratio 0.56 Break-even point in unit sales: Total Fixed expenses $184,800 = 1,292.65 units Weighted average CM per unit $142.96* *($181.63 x 0.50) + ($51.25 * 0.25) + ($157.34 x 0.25) Assume that actual sales for the month total $469,138 (1,800 units), with the CM ratio and per unit amounts the same as budgeted. Actual fixed expenses are the same as budgeted, $184,800. Actual sales by product are as follows: sinks, $143,034 (630 units); mirrors, $184,500 (720 units); and vanities, $141,604 (450 units). Required: 1. Prepare a contribution format income statement for the month based on actual sales data. (Round your percentage answers to the nearest whole number.) SMITHEN COMPANY Contribution Margin Income Statement Product Mirrors Vanities Sinks Total Percentage of total S0S0% s o el 0 % S ol Operating income (loss) Searned with 2. Compute the break-even point in sales dollars for the month, based on the actual data. (Round your intermediate calculations to the nearest whole percent. Round your final answer to the nearest whole dollar.) Break-even point in sales dollars 3. Calculate the break-even point in unit sales for the month, based on the actual data. (Round your final answer to the nearest whole number.) Break-even point in unit sales CS dan