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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 45,000 units of each product. Income statements for each product follow. Sales Variable costs Contribution margin Fixed costs Income Contribution margin Carvings $ 787,500 551,250 236,250 111,250 $ 125,000. $ 125,000 Income (loss) 3. Assume that the company expects sales of each product to increase to 59,000 units next year with no change in unit selling price. Prepare a contribution margin income statement for the next year (as shown above with columns for each of the two products). (Round "per unit" answers to 2 decimal places.) Mementos $ 787,500 78,750 Units HENNA COMPANY Contribution Margin Income Statement Carvings 708,750 583,750 $ Per unit + Total Mementos $ Por unit Total Total

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