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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

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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 49,000 units of each product Sales and costs for each product follow Sales Variable costs Contribution margin Pixed costs Income before taxes Income taxes (328 rate) Net income Product T $837,900 670,320 167,580 30.580 137,000 54.800 $82.200 Product O $837.900 83,290 754. 110 617.110 137.000 54.800 $ 92.200 3. Assume that the company expects sales of each product to increase to 63,000 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 columns 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 Producto Units $ Per unit Total S Per unit Total Total Contribution margin Net income (los)

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