Required information Use the following information for the Exercises below. (Static) [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 (9,600 units at $225 each) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs Income $ 2,160,000 1,728,000 432,000 324,000 $ 100,000 Exercise 5-18 (Static) Evaluating strategies-price increase LO C2 If the company raises its selling price to $240 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. Answer is not complete. 1. Contribution margin $ 2. Contribution margin ratio. 45 per unit 20% 3. Break-even point 7,200 units 4. Break-even sales dollars