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Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target income of $161,000. What amount of sales (in dollars) is

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Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target income of $161,000. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target income, what is its margin of safety (in percent? (Round your answer to 1 decimal place.)

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