Question & Answer: ecneddcdion.com/low/connect.html Homework 4 Saved 31 Required Information Part 2 of3 The following information applies to the questions displayed below Henn…..

ecneddcdion.com/low/connect.html Homework 4 Saved 31 Required Information Part 2 of3 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 factorles and markets them through different channels. They have no shared costs. This year, the company sold 45,000 units of each prod Sales and costs for each product follow 2 uct points sales Variable costs contribution margin Fixed costs Income before taxes income taxes (32% rate) Net incore Product T 787,58e 551,250 236, 258 111,250 125,808 58 , egg $ 75,88臼 Product o s 787,588 78,750 88,758 583,758 125,884 58,e00 75,ee8 eBook Prin: References 2. Assume that the company expects sales of each product to decline to 28.000 units next year Prepare forecasted financlal results for next year following the format of the contribution margin Income statem columns for each of the two products (assume a 40% tax rate. Aso, assume that any loss b sales of each product to decline to 28,000 units next year with no change in unit s efore taas yeas a 40%to be net tn decimel pleces. Enter losses and tex benefits. If any, as negative values.)