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 51,000 units of each product. Income statements for each product follow. Carvings Mementos Sales Variable costs Contribution margin Fixed costs Income $ 821,100 $ 821,100 492,660 328,440 187,440 82,110 738,990 597,990 $ 141,000 $ 141,000 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 I Denominator: 1 Denominator: I PRODUCT MEMENTOS Contribution Margin Ratio = Contribution margin ratio 0 = Break-even point in dollars 0 Contribution margin ratio 0 Break-Even Point in Dollars 1 = Break-even point in dollars 0