Question: please do not hard code Hudson Company reports the following contribution margin income statement. Mequired: 1. Assume Hudson has a target income of $162,000. What

please do not hard code

Hudson Company reports the following contribution margin income statement. Mequired: 1. Assume Hudson has a target income of $162,000. What amount of sales dollars is needed to produce this target income? (Use cells M4 to 615 from the given Information to complete this quesibon.) Dollar sales for target income $2,430,000 2. If Hudson achieves its target income, what is its margin of safety (in percent)? (Use cells A4 to 615 from the wiren information to complete this questlon.) Margin of safety

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] Hudson Company reports the following...

Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Hudson Company reports the following...

[The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target income of $169,000. What...

Required information [The following information applies to the questions displayed below] Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target...

Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target income of $156,000. What amount of sales (in dollars) is needed to produce this target income?...

Required information [ The following information applies to the questions displayed below. ] Hudson Company reports the following contribution margin income statement. Compute break - even point in...

fill in the blanks Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target income of $162,000. What amount of sales (in dollars) is needed to produce...

1. Assume Hudson has a target income of $163,000. What amount of sales (in dollars) is needed to produce this target income? 2. if Hudson achieves its target income, what is its margin of safety (in...

Assume Hudson has a target income of $161,000What amount of sales in dollars) is needed to produce this target income? Hudson achieves its target income, what is its margin of safety in percent?...

Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target income of $166,000. What amount of sales (in dollars) is needed to produce this target income?...

Use Thevenins theorem to find Vo(t),t>0 in the network. Discuss.

Bullwinkle Co. acquired an adjacent vacant lot with the hope of selling it in the future at a gain. The lot is not intended to be used in Bullwinkle business operations. Where should such real estate...

2 Poets often use figurative language techniques such as simile and personification to present the natural world. They may also use sound-based language techniques such as alliteration. a Identify...

investors sell stock at the: a. quoted ask price b. dealer price c. bid price d. broker price