! 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 48,000 units of each product. Income statements for each product follow. Sales Variable costs Contribution margin Fixed costs Income Carvings $ 825,600 577,920 247,680 113,680 Mementos $ 825,600 165,120 660,480 526,480 $ 134,000 $ 134,000 3. Assume that the company expects sales of each product to increase to 62,000 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.) HENNA COMPANY Contribution Margin Income Statement Carvings Mementos Units Total $ Per unit Total $ Per unit Total Sales 62,000 $ 0 $ 0 $ 0 Variable cost 62,000 0 0 0 Contribution margin 62,000 Fixed costs Income (loss) 0 $ 0 0 $ 0