Required information Use the following information for the Exercises below. (Algo) [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 (10,200 units at $225 each) Variable costs (10,200 units at $180 each) Contribution margin Fixed costs Income 1. Break-even units 2. Break-even sales dollars 2,295,000 1,836,000 Exercise 21-11 (Algo) Computing break-even units and sales LO P2 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. units 459,000 360,000 $ 99,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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N1.

Account 

!
Required information
Use the following information for the Exercises below. (Algo)
[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 (10,200 units at $225 each)
Variable costs (10,200 units at
$180 each)
Contribution margin
Fixed costs
Income
Exercise 21-11 (Algo) Computing break-even units and sales LO P2
1. Compute break-even point in units.
2. Compute break-even point in sales dollars.
1. Break-even units
2. Break-even sales dollars
2,295,000
1,836,000
459,000
360,000
$ 99,000
units
Transcribed Image Text:! Required information Use the following information for the Exercises below. (Algo) [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 (10,200 units at $225 each) Variable costs (10,200 units at $180 each) Contribution margin Fixed costs Income Exercise 21-11 (Algo) Computing break-even units and sales LO P2 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. 1. Break-even units 2. Break-even sales dollars 2,295,000 1,836,000 459,000 360,000 $ 99,000 units
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