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A B C D 1 2 3 4 5 Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement
A B C D 1 2 3 4 5 Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement 6 For Year Ended December 31 7 Sales (9,600 units at $225 each) $2,160,000 8 Variable costs (9,600 units at $180 each) 1,728,000 9 Contribution margin 432,000 10 Fixed costs 324,000 11 Income $108,000 12 13 Units sold 14 Selling price per unit 15 Variable cost per unit 16 17 Required: 18 1. Compute break-even point in units. 9,600 $225 $180 units 19 2. Compute break-even point in sales dollars. 20 E FL G H I 21 22 23 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. 24 Nothing in this area will be graded, but it will be submitted with your assignment. 25
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