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Problem 21-4A (Algo) Break-even analysis, different cost structures, and income calculations LO C2, A1, P2

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[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 58,000 units of each product. Income statements for each product follow.

	Carvings	Mementos
Sales	$ 974,400	$ 974,400
Variable costs	779,520	194,880
Contribution margin	194,880	779,520
Fixed costs	46,880	631,520
Income	$ 148,000	$ 148,000

rev: 09_13_2021_QC_CDR-376

Problem 21-4A (Algo) 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.)