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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 Margin Income Statement For Year Ended December 31, 2019 Sales (9,600 units at $225 each) $2,168,eee Variable costs (9,680 units at $180 each) 1,728,80 Contribution margin 432,000 324,080 Pretax income $ 108,880 Fixed costs Exercise 18-19 Evaluating strategles LO C2 If the company raises its selling price to $240 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. per unit 1. Contribution margin 2. Contribution margin ratio 3. Break-even point 4. Break-even sales dollars units
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