Required Information Problem 5-4A (Algo) Break-even analysis, different cost structures, and Income calculations LO C2, A1, P2 [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 60,000 units of each product. Income statements for each product follow. Carvings Mementos Sales variable costs Contribution margin Fixed costs Income $ 1,020,000 $1,020,000 612,000 204,000 400,000 816,000 258,000 $ 150,000 666,000 $ 150,000 Problem 5-4A (Algo) Part 2 2. Assume that the company expects sales of each product to decline to 43,000 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.) Contribution margin Income (loss) HENNA COMPANY Contribution Margin Income Statement Carvings Mementos Units $ Per unit Total Total $ Per unit Total