Hudson Company reports the following contribution margin income statement. Sales (9,600 units at $225 each) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs Income HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 1. Amount of sales 2. Margin of safety Exercise 18-12 (Static) Target Income and margin of safety LO C2 1. Assume Hudson has a target income of $162.000. What amount of sales dollars is needed to produce this target income? 2. If Hudson achieves its target income, what is its margin of safety (in percent)? (Round your answer to 1 decimal place

Hudson Company reports the following contribution margin income statement. Exerclse 1812 (Static) Target Income and margin of safety LO C2 1. Assume Hudson has a target income of $162000, What amount of ssles dollors is nee ded to produce this target income? 2. If Hudson achieves its target income, what is its margin of safety (in percent?? (Round your onswer to 1 decimal place.)