22 ! 7 Part 1 of 3 points Skipped Required information [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 52,000 units of each product. Income statements for each product follow. Sales Variable costs Carvings $ 842,400 Mementos $ 842,400 168,480 eBook Contribution margin Fixed costs Income 673,920 168,480 26,480 673,920 531,920 $ 142,000 $ 142,000 Print References Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) Contribution Margin Ratio Numerator: Break-Even Point in Dollars Numerator: PRODUCT CARVINGS Denominator: = Contribution margin ratio Denominator: = Break-even point in dollars PRODUCT MEMENTOS Contribution Margin Ratio = Contribution margin ratio Break-Even Point in Dollars 1 = Break-even point in dollars