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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
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 Check my Sinks 500 45% Mirrors 300 27% Vanities 300 27% Total 1,100 100% Percentage of total sales Product Sinks 42% Mirrors 30% Vanities 28% Total 100% $213,362.50 100% $151,500 42,672.50 20% 106,050 100% 70% $140,137,50 63,061.881 100% 45% $505,000.00 211,784.38 100% 42% $170,690.00 80% $ 45,450 30% $ 77,075.63 55% 293,215.63 58% $ 151.50 $ 256.92 Sales Variable expenses Contribution margin Contribution margin per unit $ 341.38 Fixed expenses 255,780,00
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