Hudson Co. reports the contribution margin income statement for 2019 HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales ( 10,000 units at $ 300 each) Variable costs (10,000 units at $240 each) Contribution margin Fixed costs $ 3,000,000 2,400,000 600, 000; 420, 000 $ 180,000 Pretax income 1. Assume Hudson Co. has a target pretax income of $ 166,000 for 2020. What amount of sales ( in dollars ) is needed to produce this target income ? 2. Hudson achieves its target pretax income for 2020, what is its margin of safety (in percent )? ( Round your answer to 1 decimal place.) 1. Amount of sales 2. Margin of safety

Hudson Co. reports the contribution margin income statement for 2019 HUDSON CO. Contribution Margin Income Statement For Year Ended December 31 , 2019 Sales (10,000 units at $300 each) Variable costs (10,000 units at $240 each) Contribution margin Fixed costs $ 3,000,000 2,400,000 600,000 420,000 Pretax income 180,000 If the company raises its selling price to $320 per unit. 1. Compute Hudson Co.'s contribution margin per unit. 2. Compute Hudson contribution margin ratio. 3. Compute Hudson break-even point in units. 4. Compute Hudson break-even point in sales dollars. 1 . Contribution marginper unit 2 Contribution margin ratio 9/0 3. units Break-even point 4 Break-even sales dollars

Hudson Co. reports the contribution margin income statement for 2019. 13 HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,000 units at $300 each) Variable costs (10,000 units at $240 each) Contribution margin Fixed costs Pretax income $3,000,000 2,400,000 600,000 420.000 $ 180,000 6:45 1. Assume Hudson Co. has a target pretax income of $166,000 for 2020. What amount of sales (in dollars) is needed to produce this target Income? 2. If Hudson achieves its target pretax income for 2020, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.) 1. Amount of sales 2. Margin of safety % Required information [The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2019. 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 420,000 Pretax income $ 180,000 If the company raises its selling price to $320 per unit. 1. Compute Hudson Co's contribution margin per unit 2. Compute Hudson Co's contribution margin ratio, 3. Compute Hudson Co.'s break-even point in units. 4. Compute Hudson Co's break-even point in sales dollars. 1 per unit % Contribution margin Contribution margin ratio Break-even point Break-even sales dollars 3 units 4