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Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. Assume Hudson has a target

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Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. Assume Hudson has a target income of $162,000. What amount of sales dollars is needed to produce this target income? If Hudson achieves its target income, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.)

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