Henna 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 53,000 units of each product. Sales and costs for each product follow $863,900 604,730 259,170 116,170 143,000 57,200 85,800 $863,900 86,39 77,510 634,510 143,000 57,200 85,800 Contribation margin Income before taxes Income taxes (32% rate) Net income 2. Assume that the company expects sales of each product to decline to 36,000 units next year with no change in unit selling Prepare forecasted financial results for next year following the formot of the contribution margin income statement as just shown with columns for each of the two products (assume a 40% tax rate). Also, assume that any loss before taxes yields a 40% tax benefit. (Round "per unit" answers to 2 decimal places. Enter losses and tax benefits. if any, as negative values.) price s Per 85,800 85,800 3. Assume that the company expects sales of each product to increase to 67,000 units next year with no change in unit selling price. Prepare forecasted financial results for next year following the format of the contribution margin income statement shown with columns for each of the two products (assume a 40% tax rate). (Round-per unit" answers to 2 decimal places.) HENNA CO $ Per unit Total Per unit Units Total Net income (loss) Prev 10 of 10 Ch 18 work 85,800 ,85.80 Net incone Requlred: 1. Compute the break-even point in dolar sales for each product. (Enter CM ratio as percentage rounded to 2 Margin Ratio margin ratiko n point in dollars Point in Dollars Break-even point in dolars margin rato Break -even point in dollars Prev 8 9 10 of 10 Next > MacBook Air 20 5 6 7 8