Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,500 units at $225 each) Variable costs (10,500 units at $180 each) Contribution margin Fixed costs Income 1. Compute the company's degree of operating leverage. 2. If sales decrease by 4% in the next year, what will be the company's income? 3. Prepare a contribution margin income statement for the next year assuming sales decrease by 4%. $ 2,362,500 1,890,000 $ 472,500 315,000 $ 157,500 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the company's degree of operating leverage. (Round your answer to 1 decimal place.) Degree of operating leverage 3.0 Requited 1 Required 2 >
signment i Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,500 units at $225 each) Variable costs (10,500 units at $180 each) Contribution margin Fixed costs Income Saved $ 2,362,500 1,890,000 $ 472,500 315,000 $ 157,500 1. Compute the company's degree of operating leverage. 2. If sales decrease by 4% in the next year, what will be the company's income? 3. Prepare a contribution margin income statement for the next year assuming sales decrease by 4%. Complete this question by entering your answers in the tabs below. < Required 1 Required 1 Required 2 Ruired 3 If sales decrease by 4% in the next year, what will be the company's income? Income Required 3 >
Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,500 units at $225 each) Variable costs (10,500 units at $180 each) Contribution margin Fixed costs Income 1. Compute the company's degree of operating leverage. 2. If sales decrease by 4% in the next year, what will be the company's income? 3. Prepare a contribution margin income statement for the next year assuming sales decrease by 4%. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a contribution margin income statement for the next year assuming sales decrease by 4%. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales Variable costs Contribution margin Fixed costs Income $ < Required 2 $ 2,362,500 1,890,000 $ 472,500 315,000 $ 157,500 Prav 0 0 Required 3
Hudson Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Sta
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