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 55,000 units of each product. Income statements for each product follow. Sales Variable costs Contribution margin Fixed costs Income Carvings Mementos $ 907,500 $ 907,500 726,000 90,750 181,500 816,750 36,500 671,750 $145,000 $145,000 Problem 21-4A (Algo) Part 1 Required: 1. Compute the break-even point in dollar sales for each product. Note: Enter CM ratio as percentage rounded to 2 decimal places.