Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,700 units at $300 each) Variable costs (10,700 units at $240 each) Contribution margin $3,210,000 2,568,000 642,000 504,000 $ 138,000 Fixed costs Pretax income If the company raises its selling price to $320 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 ... Next

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Hudson Co. reports the contribution margin income statement for 2019.
HUDSON CO.
Contribution Margin Income Statement
For Year Ended December 31, 2019
Sales (10,700 units at $300 each)
Variable costs (10,700 units at $240 each)
Contribution margin
Fixed costs
$3,210,000
2,568,000
642,000
504,000
$ 138,000
Pretax income
If the company raises its selling price to $320 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
...
Next
Transcribed Image Text:Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,700 units at $300 each) Variable costs (10,700 units at $240 each) Contribution margin Fixed costs $3,210,000 2,568,000 642,000 504,000 $ 138,000 Pretax income If the company raises its selling price to $320 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 ... Next
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