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

Sinks $1,20050\%$

Mirrors $60025\%$

Vanities $60025\%$

Total $2,400100\%$

Product

Sinks Mirrors Vanities Total

Percentage of total sales $48\%20\%32\%100\%$

Sales $ $288,000100\%$ $ $120,000100\%$ $ $192,000100\%$ $ $600,000100\%$

Variable expenses $86,40030\%96,00080\%105,60055\%288,00048\%$

Contribution margin $ $201,60070\%$ $ $24,00020\%$ $ $86,40045\%312,00052\%$

Contribution margin per unit $ $168$ $ $40$ $ $144$

Fixed expenses $228,800$

Operating income $ $83,200$

Break$-$even point in sales dollars $=$ Fixed expenses $=$ $$228,800=$ $$440,000$

Overall CM ratio $0\mathrm{.}52$

Break$-$even point in unit sales:

Total Fixed expenses $=$ $$228,800=1,760$ units

Weighted$-$average CM per unit

$$130*$

$*($$$168\backslash$times $0\mathrm{.}50)+($$$40\backslash$times $0\mathrm{.}25)+($$$144\backslash$times $0\mathrm{.}25)$

As shown by these data, operating income is budgeted at $$83,200$ for the month, break$-$even sales dollars at $$440,000,$ and break$-$even unit sales at $1,760.$

Assume that actual sales for the month total $$523,200(2,180$ units$),$ with the CM ratio and per unit amounts the same as budgeted. Actual fixed expenses are the same as budgeted, $$228,800.$ Actual sales by product are as follows: sinks$,$ $$130,800(545$ units$)$; mirrors, $$218,000(1,090$ units$)$; and vanities, $$174,400(545$ units$).$

Required:

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

$2.$ Compute the break$-$even point in sales dollars for the month, based on the actual data. $($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.$)$

$4.$ This part of the question is not part of your Connect assignment.