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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

[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 (10,600 units at $300 each) $ 3,180,000
Variable costs (10,600 units at $240 each)2,544,000
Contribution margin 636,000
Fixed costs 480,000
Income $ 156,000
Assume Hudson has a target income of $172,000. What amount of sales (in dollars) is needed to produce this target income?
If Hudson achieves its target income, what is its margin of safety (in percent)?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.
Assume Hudson has a target income of $172,000. What amount of sales (in dollars) is needed to produce this target income?
If Hudson achieves its target income, what is its margin of safety (in percent)?
Note: Round your answer to 1 decimal place.
Note: Round your answer to 1 decimal place.
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