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Required intormaton (The Koilowing vitormation apples to the questons displiyed belowil Fuemni Company produces and selis two products. Carvings and Mementos. It manufactures these products ir separate fadetien and markets them through ditferent channels. They have no thared costs. This year, the compary sold 42 ooo unleg ci each probuct income statements for each product follow "per unip" snswers to 2 decimel plsces) Required information [The following information applies to the questions displayed below] Henna Compary 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 compary sold 42 , 000 units of each prodict Income statements for each product follow 2. Assume that the company expects sales of each product to decline to 25,000 units next year with no change in unit seling price. Prepare a contribution margin income statement for the next year (as shown above with columis for each of the fwo products). (Round "per unit" answers to 2 decimal places.) units of each product Incom urougn different channels. They have no shared costs. This year, the company sold 42 .000 units of each product. Income statements for each product follow. Assume that the company expects sales of each product to decline to 25.000 units next year with no change in unit selling price repare 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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