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 (10,100 units at $300 each) Variable costs (10,100 units at $240 each) Contribution margin Fixed costs Income 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. $ 3,030,000 2,424,000 606,000 468,000 $ 138,000
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 (10,100 units at $300 each) Variable costs (10,100 units at $240 each) Contribution margin Fixed costs Income 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. $ 3,030,000 2,424,000 606,000 468,000 $ 138,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Required information
[The following information applies to the questions displayed below.]
Hudson Company reports the following contribution margin income statement.
Sales (10,100 units at $300 each)
Variable costs (10,100 units at $240 each)
Contribution margin
Fixed costs
Income
HUDSON COMPANY
Contribution Margin Income Statement
For Year Ended December 31
1. Compute break-even point in units.
2. Compute break-even point in sales dollars.
1. Break-even units
2. Break-even sales dollars
units
$ 3,030,000
2,424,000
606,000
468,000
$ 138,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7a0bb76f-6a5a-4245-ab5d-5e7a4155077e%2F5bdba23b-009e-4b10-905c-c9136adf997d%2Fa09j5ap_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Hudson Company reports the following contribution margin income statement.
Sales (10,100 units at $300 each)
Variable costs (10,100 units at $240 each)
Contribution margin
Fixed costs
Income
HUDSON COMPANY
Contribution Margin Income Statement
For Year Ended December 31
1. Compute break-even point in units.
2. Compute break-even point in sales dollars.
1. Break-even units
2. Break-even sales dollars
units
$ 3,030,000
2,424,000
606,000
468,000
$ 138,000
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