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Required information The following information applies to the questions displayed below. Hudson Co. reports the contribution margin income statement for 2019 HUDSON CO Contribution Margin
Required information The following information applies to the questions displayed below. Hudson Co. reports the contribution margin income statement for 2019 HUDSON CO Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,000 units at $300 each) Variable costs (10,000 units at $240 each) Contribution margin Fixed costs $3,000,000 2,400,000 600,000 420,000 $ 180,000 Pretax income If the company raises its selling price to $320 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 units 4. Compute Hudson Co.'s break-even point in sales dollars. Contribution margin 1 per unit Contribution margin ratio Break-even point units 3 Break-even sales dollars 4
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