Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. he marketing manager believes that increasing advertising costs by $110,000 will increase the company's sales volume to 12,000 its. Prepare a contribution margin income statement for the next year assuming the company incurs the additional advertising costs. If the company raises its selling price to $320 per unit. 1. Compute Hudson Company's contribution margin per unit. 2. Compute Hudson Company's contribution margin ratio. 3. Compute Hudson Company's break-even point in units. 4. Compute Hudson Company's break-even point in sales dollars. The company is considering buying a new machine that will increase its fixed costs by $45,500 per year and decrease its variable costs by $10 per unit. Prepare a contribution margin income statement for the next year assuming the company purchases this machine