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 Income 1 Dollar sales for target income 2. Margin of safety 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)? Note: Round your answer to 1 decimal place. $ 2,430,000 $ 2,160,000 1,728,000 % 432,000 324,000 $ 108,000

Required information The following information applies to the questions cisplayed below] Hudson Company reports the following contribution margin income statement 1. Assume Hudson has a target income of $162,000. What amount of soles dollars is needed to produce this target income? 2. if Hudson achieves its target income, what is its margin of safety (in percent)? Note: Round your answer to 1 decimal ploce