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Please solve each part of the required problem. Required Information [The following Information applies to the questions displayed below.] Henna Company produces and sells two
Please solve each part of the required problem.
Required Information [The following Information applies to the questions displayed below.] Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in separate factorles and markets them through different channels. They have no shared costs. This year, the company sold 51,000 units of each product. Income statements for each product follow. Requlred: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratlo as percentage rounded to 2 decimal places.) Requlred Information [The following information applies to the questions displayed below.] Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in separate factorles and markets them through dlfferent channels. They have no shared costs. This year, the company sold 51,000 units of each product. Income statements for each product follow. Assume that the company expects sales of each product to decline to 34,000 units next year with no change in unit selling price. repare 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.) Requlred Information [The following Information applies to the questions displayed below.] Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in separate factorles and markets them through dlfferent channels. They have no shared costs. This year, the company sold 51,000 unlts of each product. Income statements for each product follow. 3. Assume that the company expects sales of each product to Increase to 65,000 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 unlt" answers to 2 decimal places.)Step by Step Solution
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