ezto.mheducation.com + M Question 4 - Chapter 21 - Quiz - Connect Dashboard Chapter 21 - Quiz @ Saved Help Save & Exit Submit 4 Required information [The following information applies to the questions displayed below.] 8 Hudson Company reports the following contribution margin income statement. 00:37:25 HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (9, 700 units at $280 each) $ 2, 716, 000 Variable costs (9, 700 units at 2 , 037 , 000 $210 each) Contribution margin 679, 000 Fixed costs 441, 000 Income $ 238, 000 If the company raises its selling price to $300 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. 1. Contribution margin $ 90 per unit 2. Contribution margin ratio 30 % 3. Break-even in units 4,900 units 4. Break-even sales $ dollars 1,470,000