[The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2017. HUDSON CO Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (10,300 units at $375 each) Variable costs (10,300 units at $300 each) Contribution margin $3,862,500 3,090,000 772,500 Fixed costs 600,000 $ Pretax income 172,500 Exercise 18-19 Evaluating strategies LO C2 If the company raises its selling price to $400 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. per unit Contribution margin 1 Contribution margin ratio 2 % Break-even point 3 units Break-even sales dollars 4