Answered step by step
Verified Expert Solution
Question
1 Approved Answer
this is 1 whole question broken down into 5 parts. i have attached 5 pictures for each part. looking for answers for all five parts.
this is 1 whole question broken down
Required information 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 (11,400 units at $225 each) Variable costs (11,400 units at $180 each) Contribution margin Fixed costs Pretax income $2,565,000 2,052,000 $ 513,000 360,000 $ 153,000 1. Compute Hudson Co.'s break-even point in units and. 2. Compute Hudson Co.'s break-even point in sales dollars. units Break-even point Break-even point 2 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 Tor Year Ended December 31, 2017 Sales (11.400 units at $225 each) Variable costa 11,400 units at $180 each) Contribution margin Fixed costo Pretax income $2,565,000 2,052,000 $ 513,000 360,000 $ 153,000 target Income? 1. Assume Hudson Co. has a target pretax income of $150,000 for 2018. What amount of sales (in dollars) is needed to produce this 2. if Hudson achieves its target pretax income for 2018, what is its margin of safety in percent)? (Round your answer to 1 decimal place.) Amount of sales 2 Margin of safety 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 Tor Year Ended December 31, 2017 Sales (11,400 units at $225 each) Variable costs (11,400 units at $180 each) Contribution margin Fixed costs Pretax incon $2,565,000 2,052,000 $ 513,000 360,000 $ 153,000 Assume the company is considering investing in a new machine that will increase its fixed costs by $36,500 per year and decreases variable costs by $9 per unit. Prepare a forecasted contribution margin income statement for 2018 assuming the company purchases this machine. HUDSON CO Forecasted Contribution Margin income Statement For Year Ended December 31, 2018 Vartat costs Contribution margin cometre Should the company purchase the machine? Required information 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 (11,400 units at $225 each) Variable costs (11,400 units at $180 each) Contribution margin Fixed costs Pretax income $2,565,000 2,052,000 $ 513,000 360,000 $ 153,000 if the company raises its selling price to $240 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 units. 4. Compute Hudson Co.'s break-even point in sales dollars. 1. per unit % 2 3. Contribution margin Contribution margin ratio Break-even point Break-even sales dollars units 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 Tor Year Ended December 31, 2017 Sales (11,400 unita at $225 each) Variable costs (11,400 units at $180 each) Contribution margin Fixed costs Pretax incon $2,565,000 2,052,000 $ 513,000 360,000 $ 153,000 Assume the company is considering investing in a new machine that will increase its fixed costs by $36,500 per year and decrease is variable costs by $9 per unit. Prepare a forecasted contribution margin income statement for 2018 assuming the company purchases this machine. HUDSON CO Forecasted Contribution Margin Income Statement For Year Ended December 31, 2018 Vartat costs Contribution margin Should be company purchase the machine into 5 parts. i have attached 5 pictures for each part. looking for answers for all five parts. thanks in advace
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started