Problem 21-4A (Algo) Break-even analysis, different cost structures, and income calculations LO C2, A1. P2 [The...

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Problem 21-4A (Algo) Break-even analysis, different cost structures, and income calculations LO C2, A1. P2 [The following information applies to the questions displayed below] Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 54,000 units of each product. Income statements for each product follow. Carvings Hementos Sales $885,600 $885,600 Variable costs 531,360 177,120 Contribution margin 354,240 708,480 Fixed costs 210,240 564,480 Income $144,000 $144,000 2. Assume that the company expects sales of each product to decline to 37,000 units next year with no change in unit selling price. Prepare a contribution margin income statement for the next year (as shown above with columns for each of the two products) Note: Round "per unit" answers to 2 decimal places. HENNA COMPANY Contribution Margin Income Statement Contribution margin Income (loss) Carvings Mementos Units Total S Per unit Total $ Per unit Total Problem 21-4A (Algo) Break-even analysis, different cost structures, and income calculations LO C2, A1. P2 [The following information applies to the questions displayed below] Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 54,000 units of each product. Income statements for each product follow. Carvings Hementos Sales $885,600 $885,600 Variable costs 531,360 177,120 Contribution margin 354,240 708,480 Fixed costs 210,240 564,480 Income $144,000 $144,000 2. Assume that the company expects sales of each product to decline to 37,000 units next year with no change in unit selling price. Prepare a contribution margin income statement for the next year (as shown above with columns for each of the two products) Note: Round "per unit" answers to 2 decimal places. HENNA COMPANY Contribution Margin Income Statement Contribution margin Income (loss) Carvings Mementos Units Total S Per unit Total $ Per unit Total