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 46,000 units of each product. Income statements for each product follow. Sales Variable costs Contribution margin Fixed costs Income Carvings Mementos $ 800,400 $ 800,400 640,320 160,080 160,080 32,080 640,320 512,320 $ 128,000 $ 128,000 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: Break-Even Point in Dollars Numerator: PRODUCT CARVINGS Denominator: Denominator: PRODUCT MEMENTOS Contribution Margin Ratio Contribution margin ratio 0 Break-even point in dollars 0 Contribution margin ratio Substitute i Variable costs Contribution margin Fixed costs Income Saved 640,320 160,080 160,080 32,080 640,320 512,320 $ 128,000 $ 128,000 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage Contribution Margin Ratio Numerator: Sales Br Variable costs PRODUCT CARVINGS Denominator: Contribution margin ratio 0 Denominator: = Break-even point in dollars 0 Contribution margin Contribution margin ratio PRODUCT MEMENTOS Total fixed costs C Break-Even Point in Dollars Contribution margin ratio / = Break-even point in dollars 0 Contribution Margin Ratio Numerator: PRODUCT CARVINGS Denominator: Variable costs Bi Contribution margin Contribution margin ratio Total fixed costs Fixed costs per unit C Break-Even Point in Dollars = Contribution margin ratio 0 Denominator: = Break-even point in dollars PRODUCT MEMENTOS Contribution margin ratio 0 = Break-even point in dollars 0 Contribution Margin Ratio Numerator: PRODUCT CARVINGS Denominator: Break-Even Point in Dollars Numerator: Sales Variable costs Contribution margin ratio 0 Contribution margin Break-even point in dollars Contribution margin ratio 0 Total fixed costs Fixed costs per unit Contribution Margin Ratio Contribution margin ratio. 0 Break-Even Point in Dollars " Break-even point in dollars 0