Question
Required Information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Hudson Company reports the
Required Information Use the following information for the Exercises below. (Algo) [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 (11,300 units at $175 each) Variable costs (11,300 units at $140 each) Contribution margin Fixed costs Income $ 1,977,500 1,582,000 395,500 315,000 $ 80,500 Exercise 5-11 (Algo) Computing break-even units and sales LO P2 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. 1. Break-even units 2. Break-even sales dollars units
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