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 49.000 units of each product. Income statements for each product follow. Sales Variable costs Contribution margin Fixed costs Carvings $ 837,900 670,320 167,580 30,580 Mementos $ 837,900 83,790 754,110 617,110 Income $ 137,000 $ 137,000 Required: 1. Compute the break-even point in dollar sales for each product. Note: Enter CM ratio as percentage rounded to 2 decimal places. PRODUCT CARVINGS Contribution Margin Ratio Numerator: Break-Even Point in Dollars Numerator: I Denominator: 1 = Contribution margin ratio Denominator: PRODUCT MEMENTOS Contribution Margin Ratio Break-Even Point in Dollars 1 = Break-even point in dollars Contribution margin ratio Break-even point in dollars Contribution margin Income (loss) HENNA COMPANY Contribution Margin Income Statement Carvings Units $ Per unit Mementos Total Total $ Per unit Total Contribution margin Income (loss) HENNA COMPANY Contribution Margin Income Statement Carvings Mementos Units Total $ Per unit Total $ Per unit Total