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this is a 2 part question Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed
this is a 2 part question
Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below! Hudion Company reports the following contribution margin income statement Nas F Sales (1,500 units at $225 wach) Variable costs (11,30 units at $10 Contribution margin Fist es Inco Exercise 18-17 (Algo) Evaluating strategies- advertising LO C2 The marketing manager bebeves that increasing advertising costs by $123,000 will increase the company's sales volume to 12.900 units Prepare a contribution margin income statement for the next year assuming the company incurs the additional advertising costs HUDSON COMPANY Contribution Margin Income Statement for Year Ended December 31 HUDSON COMPANY Comition Margin income Statement For Year Ended December 21 Vals Contribution margin Incon $2,547,500 7,070,000 $17,500 340,000 3157,500 $ Chter my wo Required information 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 Sales (11,500 units at $225 each) Variable costs (11,500 units at $100 each) Contribution margin Fixed costs Income HUDSON COMPANY Contribution Margin Incone Statement For Year Ended December 31 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 its variable costs by $10 per unit. Prepare a contribution margin income statement for the next year assuming the company purchases this machine HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales Vanable costs Contribution margin Fixed costs Income Loss S 0 $ 2,587,500 2,070,000 51750 560,000 $157,500 D Step by Step Solution
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