! 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. 1. Compute Hudson Company's contribution margin per unit. 2. Compute Hudson Company's contribution margin ratio. 3. Compute Hudson Company's break-even point in units. 4. Compute Hudson Company's break-even point in sales dollars. Answer is not complete. $ 3,862,500 3,090,000 772,500 600,000 $ 172,500 per
! 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. 1. Compute Hudson Company's contribution margin per unit. 2. Compute Hudson Company's contribution margin ratio. 3. Compute Hudson Company's break-even point in units. 4. Compute Hudson Company's break-even point in sales dollars. Answer is not complete. $ 3,862,500 3,090,000 772,500 600,000 $ 172,500 per
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Please dont provide solutions image based thanx
![!
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.
1. Compute Hudson Company's contribution margin per unit.
2. Compute Hudson Company's contribution margin ratio.
3. Compute Hudson Company's break-even point in units.
4. Compute Hudson Company's break-even point in sales dollars.
Answer is not complete.
$
75 X per
unit
2x%
1. Contribution margin
2. Contribution margin ratio
3. Break-even point
4. Break-even sales dollars
$ 3,862,500
3,090,000
772,500
600,000
$ 172,500
units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F751eefad-94aa-4662-b76b-aea464c52065%2F6a144d25-a0de-40ec-bb8c-d7fbc3edea1a%2Fwp8uux8_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.
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.
1. Compute Hudson Company's contribution margin per unit.
2. Compute Hudson Company's contribution margin ratio.
3. Compute Hudson Company's break-even point in units.
4. Compute Hudson Company's break-even point in sales dollars.
Answer is not complete.
$
75 X per
unit
2x%
1. Contribution margin
2. Contribution margin ratio
3. Break-even point
4. Break-even sales dollars
$ 3,862,500
3,090,000
772,500
600,000
$ 172,500
units
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