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Please answer all parts with detailed calculations and good formatting and make sure the answer is 100% correct, else leave it for the other tutor
Please answer all parts with detailed calculations and good formatting and make sure the answer is 100% correct, else leave it for the other tutor to answer. Otherwise i will downvote the answer and report it for unprofessionalism for sure. Please don't use AI or Chat GPT also make sure there is no plagiari.sm.
Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (9,600 units at $225 each) $ 2, 160, 000 Variable costs (9,600 units at $180 each) 1, 728, 000 Contribution margin 432, 000 Fixed costs. 324,000 Income $ 108, 000 Exercise 21-11 (Static) Computing break-even units and sales LO P2 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. 1. Break-even units units 2. Break-even sales dollarsRequired information Use the following information for the Exercises below. (Static) (The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (9, 600 units at $225 each) $ 2, 160, 000 Variable costs (9,600 units at $180 each) 1, 728,000 Contribution margin 432,000 Fixed costs 324,080 Income $ 108, 000 Exercise 21-12 (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)? Note: Round your answer to 1 decimal place. 1. Dollar sales for target income 2. Margin of safetyStep by Step Solution
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