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 $1,19050\%$

Mirrors $59525\%$

Vanities $59525\%$

Total $2,380100\%$

Product

Sinks Mirrors Vanities Total

Percentage of total sales $48\%20\%32\%100\%$

Sales $ $285,600100\%$ $ $119,000100\%$ $ $190,400100\%$ $ $595,000100\%$

Variable expenses $85,68030\%95,20080\%104,72055\%285,60048\%$

Contribution margin $ $199,92070\%$ $ $23,80020\%$ $ $85,68045\%309,40052\%$

Contribution margin per unit $ $168$ $ $40$ $ $144$

Fixed expenses $228,540$

Operating income $ $80,860$

Break$-$even point in sales dollars $=$ Fixed expenses $=$ $$228,540=$ $$439,500$

Overall CM ratio $0\mathrm{.}52$

Break$-$even point in unit sales:

Total Fixed expenses $=$ $$228,540=1,758$ units

Weighted$-$average CM per unit

$$130*$

$*($$$168\backslash$times $0\mathrm{.}50)+($$$40\backslash$times $0\mathrm{.}25)+($$$144\backslash$times $0\mathrm{.}25)$

As shown by these data, operating income is budgeted at $$80,860$ for the month, break$-$even sales dollars at $$439,500,$ and break$-$even unit sales at $1,758.$

Assume that actual sales for the month total $$522,240(2,176$ units$),$ with the CM ratio and per unit amounts the same as budgeted. Actual fixed expenses are the same as budgeted, $$228,540.$ Actual sales by product are as follows: sinks$,$ $$130,560(544$ units$)$; mirrors, $$217,600(1,088$ units$)$; and vanities, $$174,080(544$ 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.$)$

$2.$ Compute the break$-$even point in sales dollars for the month, based on the actual data. $($Round your final answer to the nearest whole dollar.$)$

$3.$ 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.$)$

$4.$ This part of the question is not part of your Connect assign