Question: i only have one more question left on chegg PLEASE HELP me and answer ALL3 questions!! for the first question it says to enter CM
for the first question it says to enter CM ratio as percentage rounded to 2 decimal places

![[The following information applies to the questions displayed below.] Henna Company produces](https://s3.amazonaws.com/si.experts.images/answers/2024/09/66d6fe4b23491_83466d6fe4abb418.jpg)
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 59.000 units of each product. Income statements for each product follow. Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage 2. Assume that the company expects sales of each product to decline to 42.000 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). (Round "per unit" answers to 2 decimal places.) 3. Assume that the company expects sales of each product to increase to 73.000 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). (Round "per unit" answers to 2 decimal places.)
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