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 43,000 units of each product. Income statements for each product follow. Sales Carvings $ 761,100 608,880 152,220 33,220 Mementos $ 761,100 76,110 684,990 565,990 Variable costs Contribution margin Fixed costs Income $ 119,000 $ 119,000 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) PRODUCT CARVINGS Contribution Margin Ratio Numerator: Break-Even Point in Dollars Numerator: Contribution Margin Ratio Break-Even Point in Dollars Denominator: Contribution margin ratio 0 Denominator: = Break-even point in dollars 0 PRODUCT MEMENTOS = Contribution margin ratio 0 = Break-even point in dollars 0