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ts 3 of 3 oped ook Question 14 - Ch 18 Graded Homework - Connect ezto.mheducation.com + 88 Get Homework Help With Chegg Study
ts 3 of 3 oped ook Question 14 - Ch 18 Graded Homework - Connect ezto.mheducation.com + 88 Get Homework Help With Chegg Study | Chegg.com 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 (11,200 units at $280 each) $3,136,000 Variable costs (11,200 units at $210 each) Contribution margin Fixed costs Pretax income 2,352,000 $ 784,000 567,000 $ 217,000 B int rint D -rence If the company raises its selling price to $300 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. 1. Contribution margin per unit 2. Contribution margin ratio % 3. Break-even point units 4. Break-even sales dollars
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