with Alex X (1936) KITCHEN UPD. x + Tyler Perry's House of X C Hudson Co. Reports T X Question 7 - Chapter X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewco nail YouTube Maps Bb Announcements -.. pter 5 Assignment i Saved 7 Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement its For Year Ended December 31 Sales (9,000 units at $280 each) $ 2,520, 000 Variable costs (9,000 units at $210 each) 1, 890, 000 Contribution margin $ 630, 000 eBook Fixed costs 504, 000 Print Income $ 126,000 ferences 1. Compute the company's degree of operating leverage. 2. If sales decrease by 5% in the next year, what will be the company's income? 3. Prepare a contribution margin income statement for the next year assuming sales decrease by 5%. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a contribution margin income statement for the next year assuming sales decrease by 5%. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales Variable costs Contribution margin Fixed costs $ Income