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 Mirrors Vanities Total Units 1,100 550 550 2,200 Percentage 50X 25% 25% 100% Percentage of total sales Sales Variable expenses Contribution margin Contribution margin per unit Fixed expenses Operating Incone Product Sinks Mirrors Vanities 48% Total 20% 32% 100% $255,000 100.00% $106,250 100.00% $170,000 100.00% $531,250 100.00% 76,500 30.00% 85,000 88.00% 93,500 55.00% 255,000 48.00% $178,500 70.00% $ 21,250 20.00% $ 76,500 45.00% 276,258 52.00% $ 162.27 $38.64 R$ 139.09 237,575 $ 38,675 Break-even point in sales dollars Fixed expenses Overall CM ratio $237,575 0.52 $456,875.00 Break-even point in unit sales: As shown by these data, operating income is budgeted at $38,675 for the month, break even sales dollars at $456.875.00, and break even unit sales at 1892.00 Assume that actual sales for the month total $529,000 (2,300 units) with the CM ratio and per unit amounts the same as budgeted Actual fixed expenses are the same as budgeted, $237.575. Actual sales by product are as follows: sinks, $136,000 (575 unitsk mirrors, $215,000 (1150 units and vanities, $178.000 (575 units) Required: 1. Prepare a contribution format income statement for the month based on actual sales data (Round your answers to 2 decimal places.) SMITHEN COMPANY Contribution Margin income Statement Product Mirrors Sinks Vanities Total Percentage of total sales 5 % % Oporating income foss) 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 final answer to the nearest whole dollor.) Broak oven point in sales dollars 3. Calculate the break-even point in unt sales for the month, based on the actual data (Do not round your intermediate calculations. Round your final answer to the nearest whole number.) Break-even point in unit sales