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required MorTQUOI Use the following information for the Exercises below. for the Exercises below [The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2019. HUDSON Co. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,500 units at $225 each) Variable costs (10,500 units at $180 each) Contribution margin S Fixed costs Pretax income $2,362,500 1,890,000 472,500 369,000 $ 103,500 A Exercise 05-16 Break-even LO P2 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. 8.200 units Break-even point Break-even point Required information Problem 05-5A Break-even analysis, different cost structures, and income calculations LO C2, A1, P4 [The following information applies to the questions displayed below.) Henna Co. produces and sells two products, T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 59,000 units of each product. Sales and costs for each product follow. Sales Variable costs Contribution margin Fixed costs Income before taxes Income taxes (30% rate) Net income Product $997, 100 697,970 299, 130 150.130 149.000 44,700 $ 104, 300 Producto $ 997, 109 99,710 897, 390 748,390 149,000 44,700 $ 104,300 Problem 05-5A Part 1 Required: 1. Compute the break-even point in dollar sales for each product (Enter CM ratio os percentage rounded to 2 decimal places.) Product Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) Product T Contribution Margin Ratio Choose Numerator: Choose Denominator: Contribution Margin Ratio Contribution margin ratio Break Even Point in Dollars Choose Numerator: Choose Denominator: = Break-Even Point in Dollars Break-even point in dollars Producto Contribution Margin Ratio Contribution margin ratio Break Even Point in Dollars Break-even point in dollars Required information Problem 05-5A Break-even analysis, different cost structures, and income calculations LO C2, A1, P4 The following information applies to the questions displayed below) Henna Co. produces and sells two products, T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 59,000 units of each product. Sales and costs for each product follow Sales Variable costs Contribution margin Fixed costs Income before taxes Income taxes (30% rate) Net Income Product T $ 997,100 697,970 299, 130 150, 130 149,000 44,700 $ 104,300 Producto $ 997, 109 99,210 897,390 748.390 149.000 44,700 $ 104,300 Problem 05-5A Part 2 2. Assume that the company expects sales of each product to decline to 42.000 units next year with no change in unit selling price Prepare forecasted financial results for next year following the format of the contribution margin income statement as just shown with columns for each of the two products (assume a 30% tax rate). Also, assume that any loss before taxes yields a 30% tax benefit (Round "per unit" answers to 2 decimal places. Enter losses and tex benefits, if any, as negative values.) HENNA CO Problem 05-5A Part 2 2. Assume that the company expects sales of each product to decline to 42.000 units next year with no change in unit selling price. Prepare forecasted financial results for next year following the format of the contribution margin income statement as just shown with columns for each of the two products (assume a 30% tax rate). Also, assume that any loss before taxes yields a 30% tax benefit (Round "per unit" answers to 2 decimal places. Enter losses and tax benefits, if any, as negative values.) Total HENNA CO. Forecasted Contribution Margin Income Statement Product T Producto Units S Per unit Total S Per unit Total 42,000 42.000 $ 16.62 698,040 42,000 $ 712 299,040 698040 Sales Variable cost Contribution margin Fixed costs Income (Loss) before taxes Income taxes (tax benefit) Net Income (loss) 299,040 299.040 Required information Problem 05-5A Break-even analysis, different cost structures, and income calculations LO C2, A1, P4 [The following information applies to the questions displayed below] Henna Co produces and sells two products, T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 59,000 units of each product. Sales and costs for each product follow. Sales Variable costs Contribution margin Fixed costs Income before taxes Income taxes (30% rate) Net Income Product T $ 997, 109 697,970 299, 130 150, 130 149,000 44,700 $ 104,300 Producto $ 997, 109 99,710 897,390 748.390 149.000 44.700 $ 104,300 Problem 05-5A Part 3 3. Assume that the company expects sales of each product to increase to 73,000 units next year with no change in unit selling price Prepare forecasted financial results for next year following the format of the contribution margin income statement shown with columns for each of the two products (assume a 30% tax rate). (Round "per unit" answers to 2 decimal places.) HENNA CO. Problem 05-5A Part 3 3. Assume that the company expects sales of each product to increase to 73,000 units next year with no change in unit selling price. Prepare forecasted financial results for next year following the format of the contribution margin income statement shown with columns for each of the two products (assume a 30% tax rate). (Round "per unit" answers to 2 decimal places.) HENNA CO Forecasted Contribution Margin Income Statement Product T Producto S Por unit Total S Per unit Total Total Contribution margin Net Income
