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 48,000 units of each product. Sales and costs for each product follow. Sales Variable costs Contribution margin Fixed costs Incone before taxes) Product T $825,600 Product 0 $825,600 577,920 165,120 247,680 660,480 113,680 526,480 134,000 134,000 Income taxes (32% rate) Net income 42,880 $91,120 42,580 $91,120 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) Contribution Margin Ratio Choose Numerator: Break Even Point in Dollars Product T Choose Denominator: Contribution Margin Ratio Contribution margin rabo Contribution Margin Ratio Choose Numerator: Break-Even Point in Dollars Choose Numerator: Product T Choose Denominator: Contribution Margin Ratio = Contribution margin ratio: Choose Denominator: Break-Even Point in Dollars = Break-even point in dollars Product O Contribution Margin Ratio: Contribution margin ratio Break-Even Point in Dollars Break-even point in dollars