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 42,000 units of each product. Sales and costs for each product follow. Sales Variable costs Contribution margin Fixed costs Income before taxes Income taxes (35% rate) Net income Product T $ 747,600 523,320 224,280 108,280 116,000 40,600 $ 75,400 Producto $ 747,600 149,520 598,080 482,080 116,000 40,600 $ 75,400 Problem 05-5A Part 1 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio os percentage rounded to 2 decimal places.) Product T Contribution Margin Ratio Choose Numerator: 1 Choose Denominator: Contribution Margin Ratio Contribution margin ratio Break Even Point in Dollars Choose Numerator: Choose Denominator: Break Even Point in Dollars Break-even point in dollars Producto Contribution Margin Ratio Contribution margin ratio Break Even Point in Dollars Break even point in dollars