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4. 1 of 3 Required information (The following information applies to the questions displayed below.) Henna Company produces and sells two products, Carvings and
4. 1 of 3 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 45,000 units of each product. Income statements for each product follow. Sales Variable costs Contribution margin Fixed costs Incone Carvings $ 787,500 Mementos $787,500 551,250 236,250 111,250 78,750 708,750 583,750 $ 125,000 $ 125,000 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) PRODUCT CARVINGS Contribution Margin Ratio Numerator: Break-Even Point in Dollars Numerator: Denominator: Denominator: Contribution margin ratio 4 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) PRODUCT CARVINGS Part 1 of 3 Contribution Margin Ratio Numerator: Break-Even Point in Dollars Numerator: Denominator Denominator: PRODUCT MEMENTOS Contribution Margin Ratio Break-Even Point in Dollars Contribution margin ratio Break-even point in dollars Contribution margin ratio 0 Break-even point in dollars
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