Enabled: Week $6$ Homework $-$ Chapter $18$

Help

Seve $8$ Fint

Siubmit

$1$

Required information

$[$The following information applies to the questions displayed below$]$

Hudson Company reports the following contribution margin income statement.

$\backslash$table$[[\backslash$table$[[$remsom coepray$],[$Contribution Margin Incoee Statement$],[$For Year Inded Decesher $31]]],[$Sales $(16,900$ units at $$225$ each$),$$$2,452,500],[$Variable costs $(10,900$ units at $$180$ each$),1,962,090],[$Contribution margin,$490,500],[$Fined cests,$357,000],[$Income$,$$ $133,500]]$

Assume Hudson has a target income of $$159,000.$ What amount of sales $($in dollars$)$ is needed to produce this farget income?

If Hudson achieves its target income, what is its margin of safety $($in percent$)?$

Note: Round your answer to $1$ decimal place.

$\backslash$table$[[1.$ Dollar sales for target income,I,$],[2.$ Margin of salety,,$