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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
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. Exercise 21-11 (Algo) Computing break-even units and sales LO P2 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. 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. Exercise 21-12 (Algo) Target income and margin of safety LO C2 1. Assume Hudson has a target income of $150,000. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target income, what is its margin of safety (in percent?? Note: Round your answer to 1 decimal place. Exercise 21-8 (Algo) Computing missing amounts in contribution margin income statements LO A1 Compute the missing amounts in the contribution income statement shown below: Note: Round "Per Unit" answers to 2 decimal places
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