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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 (10,400 units at $280 each) Variable costs (10,400 units at $210 each) Contribution margin Fixed costs $2,912,000 2,184,000 $ 728,000 567,000 $ 161,000 Pretax income 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 units. 4. Compute Hudson Co.'s break-even point in sales dollars. 1. per unit 2. Contribution margin Contribution margin ratio Break-even point % 3. units 4. Break-even sales dollars
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