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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below] Hudson Co. reports the contribution margin
Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below] Hudson Co. reports the contribution margin income statement for 2019 HUDSON CO. Contribution Hargin Income Statement For Year Ended December 31, 2019 Sales (10,800 units at $280 each) Variable costs (10,000 units at $210 each) Contribution margin Fixed costs Pretax income $3,024,000 2,268,000 756,000 567,000 $ 189,000 Exercise 18-19 Evaluating strategies LO C2 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. 1 Contribution margin per unit 2 Contribution margin ratio % 3 Break-even point units 4 Break-even sales dollars Saved
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