! Required information [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) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs $ 2,160,000 1,728,000 432,000 324,000 $ 108,000 Income 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. 1. Break-even units units 2. Break-even sales dollars ! Required information (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) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs $ 2,160,000 1,728,000 432,000 324,000 $ 108,000 Income 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)? (Round your answer to 1 decimal place.) 1. Dollar sales for target income 2. Margin of safety %