Hudson Company reports the following contribution margin income statement

Contribution Margin Income Statement

For Year Ended December 31

Sales (9,900 units at $225 each)

Variable costs (9,900 units at $180 each)

Contribution margin

Fixed costs

Income

2. If Hudson achieves its target income, what is its margin of safety (in percent)?

Required information [The following information applies to the questions displayed below] Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target income of $165,000. 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)? Note: Round your answer to 1 decimal place. Required information [The following information applies to the questions displayed below] Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target income of $165,000. 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)? Note: Round your answer to 1 decimal place