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[The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. Fixed costs Income HUDSON COMPANY Contribution Margin
[The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. Fixed costs Income HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,600 units at $300 each) Variable costs (10,600 units at $240 each) Contribution margin If the company raises its selling price to $320 per unit. 1. Compute Hudson Company's contribution margin per unit. 2. Compute Hudson Company'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. 1. Contribution margin 2. Contribution margin ratio 3. Break-even point 4. Break-even sales dollars $ 3,180,000 2,544,000 636,000 480,000 $ 156,000 per unit % units
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