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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 60,000 units of each product. Income statements for each product follow.
Required:
Compute the break-even point in dollar sales for each product.
Note: Enter CM ratio as percentage rounded to 2 decimal places.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 60,000 units of each product. Income statements for each product follow.
Carvings Mementos
Sales $ 1,020,000 $ 1,020,000
Variable costs 612,000204,000
Contribution margin 408,000816,000
Fixed costs 258,000666,000
Income $ 150,000 $ 150,000
Required:
1. Compute the break-even point in dollar sales for each product.
Note: Enter CM ratio as percentage rounded to 2 decimal places.
image text in transcribed

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