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: Units Percentage Sinks 1,000 50% Mirrors 500 256 Vanities 500 25% Total 2,000 100% Percentage of total sales. Sales Variable expenses Contribution margin 78,000 $174,000 Sinks 489 $252,000 100.00% $105,000 100.00% $168,000 30.95% 74,000 69.054 $31,000 Product Mirrors 20% Vanities 324 Total 100% $ 62.00 100.00% $525,000 100.00% 70.48% 88,000 52.38% 229,650 43.749 29.52 $80,000 47.62% 295,350 56.26% $160.00 Contribution margin per unit $ 174.00 Fixed expenses Operating income 258,450 $ 36,900 Break-even point in sales dollars Fixed expenses Overall CH ratio $258,450 0.56 -$459,408.33 Break-even point in unit sales: Total Fixed expenses Weighted-average CK per unit $258,450 $142.50 1,813.68 units 0.25) ($174.00 x 0.50) ($62.00 0.25) ($160.00 As shown by these data, operating income is budgeted at $36,900 for the month, break-even sales dollars at $459,408.33, and break- even unit sales at 1,813.68. Assume that actual sales for the month total $529,200 (2,100 units), with the CM ratio and per unit amounts the same as budgeted. Actual fixed expenses are the same as budgeted, $258,450. Actual sales by product are as follows: sinks, $132,300 (525 units); mirrors, $220,500 (1,050 units); and vanities, $176,400 (525 units). Required: 1. Prepare a contribution format income statement for the month based on actual sales data. (Round your answers to 2 decimal places.) 2. Compute the break-even 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.) Break-even point in sales dollars 3. Calculate the break-even point in unit sales for the month, based on the actual data. (Do not round your intermediate calculation Round your final answer to the nearest whole number.) Break-even point in unit sales 4. This part of the question is not part of your Connect assignment