Requlred Information The following information applies to the questions displayed below Henna Co. produces and sells two products, T and O. It manufactures these products In separate factories and markets them through different channels. They have no shared costs. This year, the company sold 45,000 units of each product. Sales and costs for each product follow. Product Product o 787,589 78,758 788,75e 583,758 125,800 5e,8ee 5 75,88e Sales Variable costs Contribution margin Fixed costs Income before taxes Income taxes (48% rate) Net income $ 787,580 551,258 236, 258 111,250 125,808 5e,80e $ 75,80e Compute the break-even polnt In dollar sales for each product. (Enter CM ratlo as percentege rounded to 2 decimal places.) ontribution Margin Ratio Choose Numerator: Choose DenominatorContribution Margin Ratio Contribution margin ratio Choose Numerator Choose Denominator: | Break-Even Point in Dollars -Break-even point in dollars Contribution margin ratio Break-Even Point in Dollars Break-even point in dollars 2. Assume that the company expects sales of each product to decline to 28,000 unlts next year with no change in unit selling price Prepare forecasted financial results for next year following the format of the contribution margin Income statement as just shown with olumns for each of the two products (assume a 40% tax rate. Aso, assume that any loss before taxes yields 40% tax benefit Round "per unlt" answers to 2 declmal pleces. Enter losses and tex benefits, If any, as negatlve velues.) HENNA Co Forecasted Contribution Margin Income Statement Product T Product O Total Total Total Units S Per unit S Per unit Contribution margin Net income (loss) . Assume that the company expects sales of each product to Increase to 59,000 units next year with no change In unit selling price. Prepare forecasted financial results for next year following the format of the contribution margin Income statement shown with olumns for each of the two products (assume a 40% tax rate. (Round "per unit" answers to 2 decimal places.) HENNA co Forecasted Contribution Margin Income Statement Product T Total Product O s Per unit Total Total Units S Per unit Contribution margin Net income (loss)