! 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 58,000 units of each product Income statements for each product follow Carvings Hementos Sales $ 974,480 $974,400 Variable costs 779.520 196,880 Contribution margin 194,850 779,520 Fixed costs 631,520 148.000 $ 148,000 46,880 Incos 2. Assume that the company expects sales of each product to decline to 41,000 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.) Total HENNA COMPANY Contribution Margint Income Statement Carvings Mementos Units 5 Per unit Total S Per unit Total 41.000 $ 41.000 0 41.000 05 0 D a Sales Variable cost Contribution margin xed costs Income (los) 0 5 0 5 0$ 0