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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 (10,000 units at $300
Hudson Company reports the following contribution margin income statement.
HUDSON COMPANY | |
Contribution Margin Income Statement | |
For Year Ended December 31 | |
Sales (10,000 units at $300 each) | $ 3,000,000 |
---|---|
Variable costs (10,000 units at $240 each) | 2,400,000 |
Contribution margin | 600,000 |
Fixed costs | 420,000 |
Income | $ 180,000 |
! Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,000 units at $300 each) Variable costs (10,000 units at $240 each) Contribution margin Fixed costs $ 3,000,000 2,400,000 600,000 420,000 $ 180,000 Income 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. Answer is complete but not entirely correct. 600,000 X units 1. Break-even units 2. Break-even sales dollars $ 1
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