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part 1 &2 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below] Hudson Co. reports
part 1 &2
Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below] Hudson Co. reports the contribution margin income statement for 2019. Exercise 18-16 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. Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below] Hudson Co. reports the contribution margin income statement for 2019 Exercise 18-17 Target income and margin of safety (in dollars) LO C2 1. Assume Hudson Co, has a target pretax income of $156,000 for 2020 . What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target pretax income for 2020 , what is its margin of safety (in percent)? (Round your onswer to 1 decimal place.) Step by Step Solution
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