Question: Hudson Co. reports the contribution margin income statement for 2015. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2015 Sales (10,300 units
Hudson Co. reports the contribution margin income statement for 2015.
HUDSON CO.
Contribution Margin Income Statement For Year Ended December 31, 2015
Sales (10,300 units at $236 each) $ 2,430,800 Variable costs (10,300 units at $177 each) 1,823,100 Contribution margin $ 607,700 Fixed costs 330,400 Pretax income $ 277,300
1. Compute Hudson Co.'s break-even point in units.
2. Compute Hudson Co.'s break-even point in sales dollars.
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