udson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 ales (9,600 units at $225 each) ariable costs (9,600 units at $180 each) Contribution margin ixed costs mcome $2,160,000 1,728,000 432,000 324,000 $108,000 Units sold Required: Compute break-even point in units. Compute break-even point in sales dollars. (Use cells A7 to E11 from the given information to complete this question.) Break-even units Break-even sales dollars. 7,200 units 9,600 Selling price per unit $225 Variable cost per unit $180
udson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 ales (9,600 units at $225 each) ariable costs (9,600 units at $180 each) Contribution margin ixed costs mcome $2,160,000 1,728,000 432,000 324,000 $108,000 Units sold Required: Compute break-even point in units. Compute break-even point in sales dollars. (Use cells A7 to E11 from the given information to complete this question.) Break-even units Break-even sales dollars. 7,200 units 9,600 Selling price per unit $225 Variable cost per unit $180
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Please show the formula and excel formula using the cells.
Dont give handwritten answer
Transcribed Image Text:A
3
4
5
5
1
2 Hudson Company reports the following contribution margin income statement.
HUDSON COMPANY
Contribution Margin Income Statement
For Year Ended December 31
Sales (9,600 units at $225 each)
Variable costs (9,600 units at $180 each)
Contribution margin
B
9
0 Fixed costs
1 Income
2
3 Required:
4 1. Compute break-even point in units.
5 2. Compute break-even point in sales dollars.
16
17
18
19 1. Break-even units
20 2. Break-even sales dollars
21
22
$2,160,000
1,728,000
432,000
324,000
$108,000
C
7,200 units
D
Units sold
(Use cells A7 to E11 from the given information to complete this question.)
9,600
E
Selling price
per unit
$225
F
Variable cost
per unit
$180
G
H
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