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3 Required information Part 1 of 2 [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement.
3 Required information Part 1 of 2 [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. 3 points HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,300 units at $375 each) $ 3, 862, 500 Variable costs (10,300 units at $300 each) 3, 090, 000 Book Contribution margin 772,500 Fixed costs 600,000 Income $ 172,500 Hint 1. Compute break-even point in units. Print 2. Compute break-even point in sales dollars. 1. Break-even units units References 2. Break-even sales dollars
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