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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

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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 no shared costs. This year, the company sold 42,000 units of each product. Income statements for each product follow. Assume that the company expects sales of each product to increase to 56,000 units next year with no change in unit alling price. Prepare a contribution margin income statement for the next year (as shown above with columns for each e two products). (Round "per unit" answers to 2 decimal places.) HENNA COMPANY Contribution Margin Income Statement \begin{tabular}{|c|c|c|c|c|c|c|} \hline & \multicolumn{6}{|c|}{ Contribution Margin Income Statement } \\ \hline & \multirow{2}{*}{ Units } & \multicolumn{2}{|c|}{ Carvings } & \multicolumn{2}{|c|}{ Mementos } & \multirow{2}{*}{ Total } \\ \hline & & $ Per unit & Total & $ Per unit & Total & \\ \hline & & & & & & \\ \hline & & & : & & & i. \\ \hline Contribution m & & & & & & \\ \hline & & & & & & \\ \hline Income (loss) & & & & & & \\ \hline \end{tabular}

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