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 54,000 units of each product. Income statements for each product follow. Carvings Mementos Sales Variable costs Contribution margin Fixed costs Income $ 885,600 $ 885,600 531,360 177,120 354,240 708,480 210,240 564,480 $ 144,000 $ 144,000 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) Contribution Margin Ratio Numerator: Break-Even Point in Dollars Numerator: Contribution Margin Ratio Break-Even Point in Dollars PRODUCT CARVINGS Denominator: Contribution margin ratio Denominator: = Break-even point in dollars PRODUCT MEMENTOS Contribution margin ratio = Break-even point in dollars