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 Units Percentage 1,000 508 Mirrors 500 258 Vanities 500 258 Total 2,000 100% Percentage of total sales Sinks 48% Product Mirrors 208 Vanities 321 Total 100% Sales $252,000 100.00% $105,000 Variable expenses 78,000 30.95% 74,000 Contribution margin $174,000 69.05% $31,000 $ 62.00 100.00% $168,000 70.488 88,000 29.528 $ 80,000 $ 160.00 100.00% $525,000 52.388 229,650 47.628 100.00% 43.74% 295,350 56.26% Contribution margin per unit $ 174.00 Fixed expenses Operating income Break-even point in sales dollars Break-even point in unit sales: Total Fixed expenses Weighted-average CM per unit 258,450 $ 36,900 Fixed expenses Overall CM ratio $258,450 0.56 = $459,408.33 $258,450 $142.50* 1,813.68 units ($174.00 x 0.50) + ($62.00 x 0.25) + ($160.00 0.25)