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Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,200 units at $225

Hudson Company reports the following contribution margin income statement.

HUDSON COMPANY
Contribution Margin Income Statement
For Year Ended December 31
Sales (10,200 units at $225 each) $ 2,295,000
Variable costs (10,200 units at $180 each) 1,836,000
Contribution margin 459,000
Fixed costs 360,000
Income $ 99,000

The company is considering buying a new machine that will increase its fixed costs by $43,500 per year and decrease its variable costs by $9 per unit. Prepare a contribution margin income statement for the next year assuming the company purchases this machine.

HUDSON COMPANY
Contribution Margin Income Statement
For Year Ended December 31
Sales
Variable costs
Contribution margin
Fixed costs
Income/Loss

^^ Need to find the numbers for this chart

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