Hudson Co. has annual fixed costs of ($ 400,000). Its one product sells for ($ 170) per

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Hudson Co. has annual fixed costs of \(\$ 400,000\). Its one product sells for \(\$ 170\) per unit, and it has variable costs of \(\$ 150\) per unit.

1. Compute the contribution margin per unit.

2. Compute the break-even point (in units) using the formula method.

3. Prepare a contribution margin income statement at the breakeven point.

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