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. Carvings Mementos Sales $ 837, 900 $ 837,900 Variable costs 670, 320 83,790 Contribution margin 167 , 580 754, 110 Fixed costs 30, 580 617 , 110 Income $ 137, 090 $ 137, 000 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) nces PRODUCT CARVINGS Contribution Margin Ratio Numerator: Denominator: Contribution margin ratio Contribution margin Contribution margin ratio $ 167,580 $ 837,900 20.00% Break-Even Point in Dollars Numerator: Denominator: Fixed costs per unit Contribution margin ratio Break-even point in dollars $ 754, 110 837,900.00% $ 90 PRODUCT MEMENTOS Contribution Margin Ratio Contribution margin ratio /|Contribution margin = Contribution margin ratio $ 30,580 $ 152,900 20.00% Break-Even Point in Dollars Fixed costs per unit Contribution margin ratio = Break-even point in dollars $ 617, 110 0