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I believe some are right and others are wrong. please help thank you. 6 Required information The following information applies to the questions displayed below.
I believe some are right and others are wrong. please help thank you.
6 Required information The following information applies to the questions displayed below. Hudson Co. reports the contribution margin income statement for 2017. Part 5 of 5 HUDSON CO Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (10,500 units at $225 each) Variable costs (10,5ea units at $180 each) Contribution margin Fixed costs Pretax income $2,362,500 1, 890,888 $472,500 369,000 $ 103,500 3.57 points 00:49:38 The marketing manager believes that increasing advertising costs by $90,000 in 2018 will increase the company's sales volume to 11,900 units. Prepare a forecasted contribution margin income statement for 2018 assuming the company incurs the additional advertising costs. eBook References HUDSON co Forecasted Contribution Margin Income Statement For Year Ended December 31, 2018 Sales Variable costs Contribution margin Fixed costs Income (pretax) Should the company incur the additional advertising costs? 2,362,500 1,795,500 567,000 414,000 153,000 YesStep by Step Solution
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