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Hudson Co. reports the contribution margin income statement for 2019. Assume the company is considering investing in a new machine that will increase its fixed

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Hudson Co. reports the contribution margin income statement for 2019. Assume the company is considering investing in a new machine that will increase its fixed costs by $36,000 per year and decrease its variable costs by $10 per unit. Prepare a forecasted contribution margin income statement for 2020 assuming the company purchases this machine. Assume the company is considering investing in a new machine that will increase its fixed costs by $36,000 per year and decrease its variable costs by $10 per unit. Prepare a forecasted contribution margin income statement for 2020 assuming the company purchases this machine

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