Chapter 18 Graded Exercises Swed Help Save & Exit Submit Check my work 7 Hudson Co. reports the contribution margin income statement for 2019, Part 3 4 HUDSON CO Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,000 units at $300 each) $3,000,000 Variable costs (10,000 units at $240 each) 2,400,000 Contribution margin 600,000 Fixed costs 120,000 Pretax income $ 180,000 Assume the company is considering investing in a new machine that will increase its fixed costs by $42,500 per year and decrease its variable costs by $10 per unit. Prepare a forecasted contribution margin income statement for 2020 assuming the company purchases this machine MC Chapter 18 Graded Exercises Saved Help Save & EX Submit Check my work 7 Required information statement for 2020 assuming the company purchases this machine. Part 5 4 HUDSON CO. Forecasted Contribution Margin income Statement For Year Ended December 31, 2020 Sale Variable costs Contribution margin Foud costs income LS Should the comparty purchase the maches Book Print Me GE