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Units sold 9,600 Hutson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (9,500

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Units sold 9,600 Hutson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (9,500 units at $225 each) $2,160,000 Variable costs (9,600 units at $180 each) 1.728,000 Contribution margin 432,000 Foed costs 324,000 Income $108,000 Selling price Variable cost per unit per unit $225 $180 Target Income $162,000 Required: 1. Assume Hudson has a target income of $162,000. What amount of sales dollars is needed to produce this target income? (Use cells At to G15 from the given information to complete this question.) Dollar sales for target income 1. Assume Hudson has a target income of $162,000. What amount of sales dollars is needed to produce this target income? (Use cells A4 to G15 from the given information to complete this question.) Dollar sales for target income 2. If Hudson achieves its target income, what is its margin of safety (in percent)? (Use cells A4 to G15 from the given information to complete this question.) Margin of safety

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