Question: Required information Use the following information for the Exercises below. [The following Information applies to the questions displayed below.) Hudson Co reports the contribution margin
Required information Use the following information for the Exercises below. [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 (11,000 units at $300 each) $3,300,000 Variable costs (11,000 units at $240 ench) 2.640,000 Contribution margin $ 660,000 Pixed costs 360,000 Pretax income $ 300,000 Exercise 21-16 Break-even LO P2 1. Compute Hudson Co's break-even point in units and 2. Compute Hudson Co's break-even point in sales dollars. 1 units Break oven point Break-even point 2
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