Smithen Company, a wholesale distributor, has been operating for only a few months. The company sells three productssinks, mirrors, and vanities. Budgeted sales by product and in total for the coming month are shown below based on planned unit sales as fol lows: Sinks Mirrors Vanities Total Units 1,999 566 566 2,999 Percentage of total sales Sales Variable expenses Contribution margin Contribution margin per unit Fixed expenses Operating income Percentage 56% 25% 2 5% 166% Product Sinks Mirrors Vanities Total 48% 26% 3 2% 166% $276,666 166.66% $115,666 166.66% $184,666 166.66% $575,666 166.66% 78,666 28.26% 64,666 55.65% 86,666 43.43% 198,456 34.51% $198,666 71.74% $ 51,666 44.35% $164,666 56.52% 376,556 65.49% $ 198.99 $ 192.99 9 298.99 338,559 $ 37,999 . . Fixed expenses $338,658 Break even p01nt 1n sales dollars Overall CM ratio _ 8.65 _ $517,125.88 Break-even point in unit sales: Total Fixed expenses $338,659 . . = 1 918.76 't Welghted-averege CM per un1t $176.58* ' un1 5 *(5198.68 x 0.58) + ($102.88 x 9.25) + ($298.66 x 6.25) As shown by these data, operating income is budgeted at $37,900 for the month, break-even sales dollars at $517,125.88, and break- even unit sales at 1,918.70. Assume that actual sales for the month total $579,600 (2,100 units), with the CM ratio and per unit amounts the same as budgeted. Actual fixed expenses are the same as budgeted, $338,650. Actual sales by product are as follows: sinks, $144,900 (525 units); mirrors, $241,500 (1,050 units); and vanities, $193,200 (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 nal answer to the nearest whole dollar.) 3. Calculate the break-even point in unit sales for the month, based on the actual data. (Do not round your intermediate calculations. Round your final answer to the nearest whole number.)