Question
Explain how to obtain the margin of safety percentage for HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (9,600 units
Explain how to obtain the margin of safety percentage for HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (9,600 units at $225 each) $ 2,160,000 Variable costs (9,600 units at $180 each) 1,728,000 Contribution margin $ 432,000 Fixed costs 324,000 Pretax income $ 108,000
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Financial Accounting
Authors: Carl Warren
13th Edition
1133607616, 978-1133607618
