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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

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 40,000 units of each product. Income statements for each product follow.

Carvings Mementos
Sales $ 720,000 $ 720,000
Variable costs 576,000 144,000
Contribution margin 144,000 576,000
Fixed costs 34,000 466,000
Income $ 110,000 $ 110,000

Required:

1. Compute the break-even point in dollar sales for each product. Table shown below

Note: Enter CM ratio as percentage rounded to 2 decimal places.

image text in transcribed

Required: 1. Compute the break-even point in dollar sales for each product. Note: Enter CM ratio as percentage rounded to 2 decimal places

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