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Need all blanks filled. Thank you. Required information is first. Required informatio Problem 21-5A Break-even analysis, different cost structures, and income calculations LO C2, A1,

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Required informatio Problem 21-5A Break-even analysis, different cost structures, and income calculations LO C2, A1, P4 [The following information applies to the questions displayed below.] Henna Co. produces and sells two products, T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 52,000 units of each product. Sales and costs for each product follow Product T Product o Sales Variable costs Contribution margin Fixed costs Income before taxes Income taxes (32% rate) Net income $ 842,400 842,400 673,920_168,480 673,920 531,920 142,000 49,700 $ 92,300 92,300 168,480 26,480 142,000 49,700 1. compute tne Dreak-even point in aollar sales or eacn proa uct. (er CM ratio as percentage rounaea to places.) aecima roduc Contribution Margin Ratio Contribution Margin Ratio Choose Numerator: Choose Denominator: Contribution margin ratio Break-Even Point in Dollars Choose Numerator: Choose Denominator: Break-Even Point in Dollars Break-even point in dollars Product O Contribution Margin Ratio Contribution margin ratio Break-Even Points in Dollars Break-even point in dollars 2. Assume that the company expects sales of each product to decline to 35,000 units next year with no change in unit selling price. Prepare forecasted financial results for next year following the format of the contribution margin income statement as just shown with columns for each of the two products (assume a 35% tax rate). Also, assume that any loss before taxes yields a 35% tax benefit. (Round "per unit" answers to 2 decimal places. Enter losses and tax benefits, if any, as negative values.) HENNA Co Forecasted Contribution Margin Income Statement Product T Product O Total Units $ Per unit Total $ Per unit Total Contribution margin Net income (loss) 3. Assume that the company expects sales of each product to increase to 66,000 units next year with no change in unit selling price. Prepare forecasted financial results for next year following the format of the contribution margin income statement shown with columns for each of the two products (assume a 35% tax rate) (Round "per unit" answers to 2 decimal places.) HENNA CO Forecasted Contribution Margin Income Statement Product T Product O Total Units $ Per unit Total $ Per unit Total Contribution margin Net income (loss)

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