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Please Help with T Required information [The following information applies to the questions displayed below.] Part 3 of 5 Hudson Co. reports the contribution margin

Please Help with T

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Required information [The following information applies to the questions displayed below.] Part 3 of 5 Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement 3.57 For Year Ended December 31, 2019 Sales (11, 200 units at $280 each) $3, 136, 000 points Variable costs (11, 200 units at $210 each) 2, 352, 000 Contribution margin 784, 000 01:31:39 Fixed costs 567, 000 Pretax income $ 217, 000 eBook Assume the company is considering investing in a new machine that will increase its fixed costs by $37,500 per year and decrease its variable costs by $10 per unit. Prepare a forecasted contribution margin income statement for 2020 assuming the company purchases this machine. References HUDSON CO. Forecasted Contribution Margin Income Statement For Year Ended December 31, 2020 Sales Variable costs Contribution margin Fixed costs Income (pretax)/Loss Should the company purchase the machine

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