Hudson Company reports the following contribution margin income statement. Exercise 1817 (Algo) Evaluating strategies- advertising LO C2 The marketing manager believes that increasing advertising costs by $101,000 will increase the company's sales volume to 11,500 units. Prepare a contribution margin income statement for the next year assuming the company incurs the additional advertising costs. Hudson Company reports the following contribution margin income statement. Exercise 18-18 (Algo) Evaluating strategies-price increase LO C2 If the company raises its selling price to $320 per unit. 1. Compute Hudson Company's contribution margin per unit. 2. Compute Hudson Company's contribution margin ratio. 3. Compute Hudson Company's break-even point in units. 4. Compute Hudson Company's break-even point in sales dollars. Hudson Company reports the following contribution margin income statement. Exercise 1819 (Algo) Evaluating strategies-new machine LO C2 The company is considering buying a new machine that will increase its fixed costs by $43,000 per year and decrease its variable costs by $8 per unit. Prepare a contribution margin income statement for the next year assuming the company purchases this machine