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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

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 46,000 units of each product. Income statements for each product follow.
SalesVariable costsContribution marginFixed costsIncomeCarvings$ 800,400640,320160,08032,080$ 128,000Mementos$ 800,400160,080640,320512,320$ 128,000
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