Question: Form 1040-X Rey, January 2 Connect M MHE Reader Sucation.com ext/ index.html?contconexternal licowa bao&line 253A%2BZEWZZFENG Saved Help Save & Exit apter 18 Sut [The following

Form 1040-X Rey, January 2 Connect M MHE Reader Sucation.com ext/ index.html?contconexternal licowa bao&line 253A%2BZEWZZFENG Saved Help Save & Exit apter 18 Sut [The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2017 HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (9.700 units at $280 each) Variable costa (9,700 units at $210 each) Contribution margin Fixed costs Pretax income $2,716,000 -2,037,000 $ 679,000 441,000 $ 238,000 Assume the company is considering investing in a new machine that will increase its fixed costs by $41,000 per year and decrease its variable costs by $10 per unit. Prepare a forecasted contribution margin income statement for 2018 assuming the company purchases this machine. HUDSON CO. Forecasted Contribution Margin Income Statement For Year Ended December 31, 2018 Sales Variable costs Contribution margin Fixed costs Income (pretax) Should the company purchase the machine?

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