[The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. Exercise 18-18 (Algo) Evaluating strategies-price increase LO C2 If the company raises its selling price to $300 per unit. 1. Compute Hudson Company's contribution margin per unit 2. Compute Hudson Comparyy'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 Exercise 18.19 (Algo) Evaluating strategies-new machine LO C2 The company is considering buying a new machine that will increase its fixed costs by $36.000 per year and decrease iss variable costs by $10 per unit. Prepare a contribution margin income statement for the next year assuming the company purchases this machine