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! Required information {The following information applies to the questions displayed below) Henna Company produces and sells two products. Carvings and Mementos. It manufactures these

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! 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 factories and markets them through different channels. They have no shared costs. This year, the company sold 49,000 units of each product. Income statements for each product follow. Sales Variable costs Contribution margin Fixed costs Income Carvings $ 837,900 670,320 167,580 30,580 $ 137,000 Mementos $ 837,900 83,290 754, 110 617. 110 $ 137,000 Required: 1. Compute the break-even point in dollar sales for each product(Enter CM ratio as percentage rounded to 2 decimal places.) Answer is not complete. PRODUCT CARVINGS Denominator: Sales 837.900 Contribution margin ratio 20.00% Contribution. Margin Ratio Numerator: Contribution margin 167,580 Break-Even Pointin Dollars Numerator: Total fixed costs 754,110 Break-even point in dollars Denominator: Contribution margin ratio 20.00% PRODUCT MEMENTOS 3,770,550 Contribution Margin Ratio Contribution margin Sales Contribution margin ratio Break-Even Paintin Dollars Contribution margin Total fixed costs Break-even point in dollars ratio 0

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