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 (10,680 units at $380 each) Variable costs (10,680 units at $240 each) Contribution margin Fixed costs Pretax income $3,180,880 2,544,000 636,000 480,000 $ 156,000 Exercise 18-19 Evaluating strategies LO C2 If the company raises its selling price to $320 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 per unit % 2. Contribution margin Contribution margin ratio Break-even point Break-even sales dollars 3. units 4