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Required information The fot owing information applies to the questions displayed below] Henna Company produces and selis two products, Carvings and Mementos. It manufactures these
Required information The fot owing information applies to the questions displayed below] Henna Company produces and selis two products, Carvings and Mementos. It manufactures these products in separate. factories and markets them through different channels. They have no shared costs, Thls year, the company sold 44,000 vinits of each prodict income stataments for esech product follow 2. Assume that the company expects sales of each product to decline to 27,000 units next year with no change in unit selling price. Prepare a contribution margin income statement for the next year (as shown above with columns for each of the two products). Note- Pound "per unit" answers to 2 decimal places
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