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 1,089 Sinks Mirrors Vanities Percentage 58 25% 25% 569 500 Total 2,800 100% Product Mirrors Vaniti Percentage of total sales Sales Variable expenses Sinks 45% $382.668.6e 76,533.60 1 00% 20% $171,600 137,280 1x 801 $303,732.00 151,866.00 100% 50% 1083 5858,000.00 365,679.60 100% 43% Contribution margin $306,134.40 34,320 $151,866.00 50% 492,320.40 5 7% Contribution margin per unit $ 306.13 Fixed expenses 446,310.00 Operating income $ 46,010.40 Prey 3 of 8 !!! Next > o search Break-even point in sales dollars 1446,310 Fixed expenses Overall CM ratio Break-even point in unit sales: Total Fixed expenses $446,310 - 1,813.89 units Weighted average CM per unit $246.16 *($306.13 x 0.50) + ($68.64 x 0.25) + ($303.73 x 0.25) Assume that actual sales for the month total $930,775 (2.200 units), with the CM ratio and per unit amounts the same as budgeted. Actual fixed expenses are the same as budgeted, $446,310. Actual sales by product are as follows: sinks, $294,654 (770 units): mirrors, $302,016 (880 units); and vanities, $334,105 (550 units). Required: 1. Prepare a contribution format income statement for the month based on actual sales data. (Round your percentage answers to nearest whole number.) SMITHEN COMPANY Contribution Margin Income Statement Product Mirrors Vanities Sinks Total Percentage of total Sales Variable expenses Contribution margin Fixed expenses Operating income (loss) 2 Compute the break even point in sales dollars for the month, based on the actual data. (Roun the nearest whole percent. Round your final answer to the nearest whole dollar Break-even point in sales dollars 3. Calculate the break-even point in unit sales for the month, based on the actual data. (Round number.) Break-even point in unit sales Prey 3 of 8