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Required information The following information applies to the questions displayed below. Hudson Co. reports the contribution margin income statement for 2017 HUDSON CO. Contribution Margin
Required information The following information applies to the questions displayed below. Hudson Co. reports the contribution margin income statement for 2017 HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (11,200 units at $280 each) Variable costs (11,200 units at $210 each) Contribution margin Fixed costs $3,136,000 2,352,000 784,000 567,000 217,000 Pretax income 1. Compute Hudson Co.'s break-even point in units and. 2. Compute Hudson Co.'s break-even point in sales dollars. Break-even point 1 units Break-even point 1. Assume Hudson Co. has a target pretax income of $156,000 for 2018. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target pretax income for 2018, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.) 1. Amount of sales 2. Margin of safety If the company raises its selling price to $300 per unit. 1. Compute Hudson Co.'s contribution margin per unit. 2. Compute Hudson Co!'s contribution margin ratio 3. Compute Hudson Co.'s break-even point in unlts. 4. Compute Hudson Co.'s break-even point in sales dollars. Contribution margin Contribution margin ratio Break-even point 70 per unit 1. 25 % 8,100 units 2. 3. Break-even sales dollars 4. 2.268,000 st
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