Required information Problem 18-5A Break-even analysis, different cost structures, and income calculations LO C2, A1, P4 [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 40,000 units of each product. Sales and costs for each product follow. Product T $720,000 Product O Sales Variable costs Contribution margin Fixed costs $720,000 576,000 144,000 144,000 576,000 34,000 466,000 Income before taxes 110,000 Income taxes (321 rate) 35,200 110,000 35,200 Net income $ 74,800 $ 74,800 Problem 18-5A Part 1 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) Product T Contribution Margin Ratio Choose Numerator: Choose Denominator: Contribution Margin Ratio Contribution margin ratio