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Required information Use the following information for the Exercises below. (Algo) Skip to question [The following information applies to the questions displayed below.] Hudson Company
Required information
Use the following information for the Exercises below. (Algo)
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[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 (11,000 units at $300 each) | $ 3,300,000 |
Variable costs (11,000 units at $240 each) | 2,640,000 |
Contribution margin | 660,000 |
Fixed costs | 360,000 |
Income | $ 300,000 |
Exercise 18-11 (Algo) Computing break-even units and sales LO P2
1. Compute break-even point in units. 2. Compute break-even point in sales dollars.
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