Required information [The following information applies to the questions displayed below.] Henna Co. produces and sells two products, T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 42,000 units of each product. Sales and costs for each product follow Sales Variable costs Contribution marain Fixed costs Income before taxes Income taxes (32% rate) Net income Product T $747,600 523,320 224,280 108,280 116,000 40,600 $ 75,400 Product o $747,600 149,520 598,080 482,080 116,000 40,600 75,400 li[.niir :: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) Product T Contribution Margin Ratio Choose Numerator: Choose Denominator:Contribution Margin Ratio Contribution margin ratic 0 Break-even point in dollars Choose Numerator Choose Denominator:Break-Even Point in Dollars Break-even point in dollars Product O Contribution Margin Ratio Contribution margin ratic 0 Break-Even Point in Dollars Break-even point in dollars