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. Sales Carvings $974,400 Mementos $ 974,400 Variable costs 779,520 194,880 Contribution margin 194,880 Fixed costs Income 46,880 779,520 631,520 $ 148,000 $ 148,000 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 Numerator: PRODUCT CARVINGS Denominator: Break Even Point in Dollars Numerator: Denominator: Contribution margin ratio 0 Break-even point in dollars PRODUCT MEMENTOS Contribution Margin Ratio Contribution margin ratio Break Even Point in Dollars Break-even point in dollars 10