[The following information applies to the questions displayed below) Hudson Company reports the following contribution m
Posted: Tue Nov 16, 2021 9:06 am
questions displayed below) Hudson Company reports the following contribution margin income statement HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,500 units at $225 each) Variable costs (10,500 units at $180 each) Contribution margin Fixed costs Income $ 2,362,500 1,890,000 472,500 369,000 $ 103,500 If the company raises its selling price to $240 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. per unit % 1. Contribution margin 2. Contribution margin ratio 3. Break-even point 4. Break-even sales dollars units
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