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 snared costs. This year, the company sold 60,000 units of each product. Income statements for each product follow. Carvings Mementos Sales $ 1,626,666 $ 1,626,666 Variable costs 612,888 284,888 Contribution margin 488,888 816,888 Fixed costs 258,888 666,888 Income $ 158,888 $ 158,888 Problem 21-4A (Algo) Part 1 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) Required: 1. Compute the breakeven point in dollar sales. for each product. {Enter CM ratio as percentage rounded to 2 decimal places.} 9 Answer is not complete. Contribution margin 9 Contribution margin ratio Contribution margin ratio 5; 255,000 0 545,000 Total f0(ed costs a Breakeven point in dollars Contribution margin Contribution margin ratio Contribution margin ratio 5 555.0000 r 30.00550 = $ 332,500 Total f0(ed costs Breakeven point in dollars