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Problem 4-20 Sales Mix; Multi-Product Break-Even Analysis [LO9] 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: Weighted-averageCMperunitTotalFixedexpenses=$365.00$710,200=1,945.75units($396.000.50)+($248.000.25)+($420.000.25) As shown by these data, operating income is budgeted at $45,400 for the month, break-even sales dollars at $892,919.53, and breakeven unit sales at 1,945,75. Assume that actual sales for the month total $957,600 (2,100 units), with the CM ratio and per unit amounts the same as budgeted. Actual fixed expenses are the same as budgeted, $710,200. Actual sales by product are as follows: sinks, $239,400 ( 525 units); mirrors, $399,000 (1,050 units), and vanities, $319,200 (525 units). Required: 1. Prepare a contribution format income statement for the month based on actual sales data. (Round your answers to 2 decimal 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 final answer to the nearest whole dollar.) 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 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.) 4. This part of the question is not part of your Connect assignment

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