Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,300 units at $375 each) Variable costs (10,300 units at $300 each) Contribution margin Fixed costs Income If the company raises its selling price to $400 per unit. Compute Hudson Company's contribution margin per unit. Compute Hudson Company's contribution margin ratio. . Compute Hudson Company's break-even point in units. . Compute Hudson Company's break-even point in sales dollars. Contribution margin Contribution margin ratio Break-even in units Break-even sales dollars $ 3,862,500 3,090,000 772,500 600,000 $ 172,500 per unit % units

Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,300 units at $375 each) Variable costs (10,300 units at $300 each) Contribution margin Fixed costs Income If the company raises its selling price to $400 per unit. Compute Hudson Company's contribution margin per unit. Compute Hudson Company's contribution margin ratio. . Compute Hudson Company's break-even point in units. . Compute Hudson Company's break-even point in sales dollars. Contribution margin Contribution margin ratio Break-even in units Break-even sales dollars $ 3,862,500 3,090,000 772,500 600,000 $ 172,500 per unit % units

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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