Chapter 5 question 18Henna co produces and sells two products. T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 51,000 units of each product. Sales and costs for each product are seen in the photo.In the blue chart it continues down It has two fill in the blanks The middle is contribution marginThree more fill in the blanksNet income (loss)

Check my work 3:. tart, \" 95-4411": \".'r' 3 Sales ' S 821,166 821,166 Variable tests 492,666 32,119 Contribution margin 328,449 738,999 - Fixed costs 187,449 , 597,999 f Income before taxes 141,999 141,996 2 3 Income taxes (39% rate) 42,399 . 42,399 Net income S 98,796 5 98,799 M 2. Assume that the company expects sales of each product to decline to 34,000 units next year with no change in unit selling price. Prepare forecasted nancial results for next year following the format of the contribution margin income statement esjust shown with columns for each of the two products (assume a 30% tax rate). Also, assume that any loss before taxes yields a 30% tax benefit. mk (Round \"per unit" answers to 2 decimal places. Enter losses and tax benets, if any, as negative values.) rint