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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 (11,000 units at $300
Hudson Company reports the following contribution margin income statement.
| HUDSON COMPANY | |
|---|---|
| Contribution Margin Income Statement | |
| For Year Ended December 31 | |
| Sales (11,000 units at $300 each) | $ 3,300,000 |
| Variable costs (11,000 units at $240 each) | 2,640,000 |
| Contribution margin | 660,000 |
| Fixed costs | 360,000 |
| Income | $ 300,000 |
Exercise 18-11 (Algo) Computing break-even units and sales LO P2
1. Compute break-even point in units. 2. Compute break-even point in sales dollars.
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