### Contribution Margin Income Statement**Hudson Co.** Contribution Margin Income Statement For Year Ended December 31, 2019- **Sales (10,600 units at $300 each):** $3,180,000 - **Variable Costs (10,600 units at $240 each):** $2,544,000 - **Contribution Margin:** $636,000 - **Fixed Costs:** $480,000 - **Pretax Income:** $156,000 #### Instructions1. **Compute Hudson Co.’s break-even point in units.**2. **Compute Hudson Co.’s break-even point in sales dollars.**The table below illustrates placeholders for calculations:| 1. Break-even point | \_\_\_\_\_\_\_ units || 2. Break-even point | \_\_\_\_\_\_\_ |#### Explanation- **Sales:** Total revenue from sales, calculated by multiplying the number of units by the price per unit.- **Variable Costs:** Costs that vary with production volume, also computed per unit.- **Contribution Margin:** The difference between sales and variable costs.- **Fixed Costs:** Costs that do not change with production levels.- **Pretax Income:** The resulting income after deducting fixed costs from the contribution margin.

Name: ### Contribution Margin Income Statement**Hudson Co.** Contribution
Uploaded: 2022-05-24T13:26:03.000Z
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Description: ### Contribution Margin Income Statement**Hudson Co.** Contribution Margin Income Statement For Year Ended December 31, 2019- **Sales (10,600 units at $300 each):** $3,180,000 - **Variable Costs (10,600 units at $240 each):** $2,544,000 - **Cont

Break even point is the point where company is at zero profit. Break even point is where company is…

Business

Accounting

Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON Co. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,600 units at $300 each) Variable costs (10,600 units at $240 each) Contribution margin Fixed costs $3,180,000 2,544,000 636,000 480,000 $ 156,000 Pretax income 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. 1. Break-even point units 2. Break-even point

Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON Co. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,600 units at $300 each) Variable costs (10,600 units at $240 each) Contribution margin Fixed costs $3,180,000 2,544,000 636,000 480,000 $ 156,000 Pretax income 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. 1. Break-even point units 2. Break-even point

FINANCIAL ACCOUNTING

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ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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