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Required information Problem 21-4A (Algo) Break-even analysis, different cost structures, and income calculations LO C2, A1, P2 [The following information applies to the questions
Required information Problem 21-4A (Algo) Break-even analysis, different cost structures, and income calculations LO C2, A1, P2 [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 59,000 units of each product. Income statements for each product follow. Sales Variable costs Carvings $ 997,100 697,970 299,130 Mementos $ 997,100 99,710 Contribution margin Fixed costs Income 150,130 $ 149,000 897,390 748,390 $ 149,000
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