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Chapter 5 Homework 18 Part 1 of 3 1 points Skipped Saved Required information [The following information applies to the questions displayed below.] Hudson Company
Chapter 5 Homework 18 Part 1 of 3 1 points Skipped Saved Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (11,000 units at $300 each) Variable costs (11,000 units at $240 each) Contribution margin Fixed costs Incone $3,300,000 2,640,000 660,000 360,000 $ 300,000 eBook Hint Ask The marketing manager believes that increasing advertising costs by $125,000 will increase the company's sales volume to 12,400 units. Prepare a contribution margin income statement for the next year assuming the company incurs the additional advertising costs Sales Prot HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Variable costs Contribution margin References Fixed costs Income/Loss $ 0
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