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Required Information Problem 18-4A (Algo) Break-even analysis, different cost structures, and income calculations LO C2, A1, P4 (The following information applies to the questions displayed

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Required Information Problem 18-4A (Algo) Break-even analysis, different cost structures, and income calculations LO C2, A1, P4 (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 factories and markets them through different channels. They have no shared costs. This year, the company sold 53,000 units of each product. Income statements for each product follow Sales Variable costs Contribution margin Fixed costs Income Carvings $ 863,900 604, 730 259,170 116,170 $ 143,000 Mementos $ 863,909 86,390 777,310 634, 510 $ 143,000 Problem 18-4A (Algo) Part 2 2. Assume that the company expects sales of each product to decline to 36,000 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.) Problem 18-4A (Algo) Part 2 2. Assume that the company expects sales of each product to decline to 36,000 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.) HENNA COMPANY Contribution Margin Income Sulement Carving Mementos Units s Per unit Total 5 Perunt Total Total Contribution margin Income foss)

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