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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
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 47,000 units of each product. Income statements for each product follow. B Carvings Sales Variable costs $ 813,100 487,860 Contribution margin Fixed costs Income 325,240 194,240 Mementos $ 813,100 81,310 731,790 600,790 $ 131,000 $ 131,000 es Required: 1. Compute the break-even point in dollar sales for each product. Note: Enter CM ratio as percentage rounded to 2 decimal places. Contribution Margin Ratio Numerator: Break-Even Point in Dollars Numerator: PRODUCT CARVINGS Denominator: / Contribution margin ratio Denominator: Break-even point in dollars Chec
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