Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target income of $167,000. What apount of sales (in 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