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 follows:

	Units		Percentage
Sinks	600		50%
Mirrors	300		25%
Vanities	300		25%
Total	1,200		100%

	Product
	Sinks			Mirrors			Vanities			Total
Percentage of total sales	50%			30			20			100%
Sales	$240,790.00		100%	$145,200		100%	$98,010.00		100%	$484,000.00		100%
Variable expenses	72,237.00		30%	116,160		80%	53,905.50		55%	242,302.50		50%
Contribution margin	$168,553.00		70%	$29,040		20%	$44,104.50		455	$241,697.50		50%
Contribution margin per unit	280.92			96.80			147.02
Fixed expenses										209,000.00
Operating income										32,697.50

Break-even point in unit sales :

fixed expenses/overall CM ratio = 209,000/0.5 = 418,000

Break-even point in unit sales:

total fixed expenses/weighted-average CM per unit = 209,000/201.41* = 1,037.66 units

*(280.92 x 0.5) + (96.80 x 0.25) + (147.02 x 0.25)

Assume that actual sales for the month total $582,030 (1,400 units), with the CM ratio and per unit amounts the same as budgeted. Actual fixed expenses are the same as budgeted, $209,000. Actual sales by product are as follows: sinks, $196,645 (490 units); mirrors, $271,040 (560 units); and vanities, $114,345 (350 units).

1. Prepare a contribution format income statement for the month based on actual sales data. (Round your percentage answers to the nearest whole number.)

SMITHEN COMPANY
Contribution Margin Income Statement
	Product
	Sinks			Mirrors			Vanities			Total
Percentage of total		%			%			%			%
			%			%			%			%
			%			%			%			%
	$0	0	%	$0	0	%	$0	0	%	0	0	%
Operating income (loss)										$0

2. Compute the break-even point in sales dollars for the month, based on the actual data. (Round your intermediate calculations to the nearest whole percent. 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.)