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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
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 57,000 units of each product. Sales and costs for each product follow.
Required information [The following information applies to the questions displayed below. 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 57,000 units of each product. Sales and costs for each product follow. Sales Variable costs Contribution margin Fixed costs Income before taxes Income taxes (32% rate) Net income Product T $951,900 571,140 380,760 233,760 147,000 58,800 $ 88,200 Product o $951,900 95,190 856,710 709,710 147,000 58,800 $ 88,200Step by Step Solution
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