10 Part 1 of 2 Required information Use the following information for the Exercises below. (Algo) (The following information applies to the questions displayed below) Hudson Company reports the following contribution margin income statement 5.88 points Skippel HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (9,700 units at $280 each) Variable costs (9,700 units at $210 each Contribution margin Fixed costs Income Book $ 2,716,000 2,032,000 679,000 441,000 $ 238,000 Hint Exercise 21-11 (Algo) Computing break-even units and sales LO P2 Print 1. Compute break-even point in units 2. Compute break-even point in sales dollars. References units 1. Break-even units 2. Break even sales dollars 11 Part 2 of 2 Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below.) Hudson Company reports the following contribution margin income statement 5.88 points Book HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (9,700 units at $280 each) Variable costs (9,700 units at $210 each) Contribution margin Fixed costs Income $ 2,716,000 2,037.000 679,000 441,000 $ 235,000 Hint Print Exercise 21-12 (Algo) Target income and margin of safety LO C2 Rotorences 1. Assume Hudson has a target income of $163,000 What amount of sales in dollars) is needed to produce this target income? 2. f Hudson achieves its target income, what is its margin of safety in percent) (Round your answer to 1 decimal place.) 1. Dollar sales for target income 2. Margin of safety