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Required information {The foiiowing infomaiion applies to the questions displayed bailout} Hudson Company reports the following contribution margin income statement. HUDSIIN COMPANY Contribution Margin Income
Required information {The foiiowing infomaiion applies to the questions displayed bailout} Hudson Company reports the following contribution margin income statement. HUDSIIN COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales {9.3\" units at $236 each] $ 2,114.0\"! Variable costs [9,866 units at $213 each} 2,III53,B Contribution margin 686,0\"! Fixed costs 504,6\": Income $ 182,0" The marketing manager believes that increasing advertising costs by $185,000 will increase the company's sales volume to 11,200 units. Prepare a contribution margin income statement for the next year assuming the company incurs the additional advertising costs. InoomeiLoss
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