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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. If the company raises
Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. 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. The marketing manager believes that increasing advertising costs by $123,000 in 2020 will increase the company's sales volume to 2,900 units. Prepare a forecasted contribution margin income statement for 2020 assuming the company incurs the additional dvertising costs
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