Sh11 Exercise 18-18 (Algo) Evaluating strategies-price increase LO C2If the company raises its selling price to $400 per unit.1. Compute Hudson Company's contribution margin per unit.2. Compute Hudson Company's contribution margin ratio.3. Compute Hudson Company's break-even point in units.4. Compute Hudson Company's break-even point in sales dollars.1. Contribution margin2. Contribution margin ratio3. Break-even point4. Break-even sales dollarsper unit%units Required informationUse the following information for the Exercises below. (Algo)[The following information applies to the questions displayed below.]Hudson Company reports the following contribution margin income statement.HUDSON COMPANYContribution Margin Income StatementFor Year Ended December 31Sales (11,100 units at $375 each)Variable costs (11,100 units at $300 each)Contribution marginFixed costsIncome$ 4,162,5003,330,000832,500660,000$ 172,500

Formula Used: Contribution margin per unit = Selling price per unit - Variable cost per unit Break…

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 contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (11,100 units at $375 each) Variable costs (11,100 units at $300 each) Contribution margin Fixed costs Income $ 4,162,500 3,330,000 832,500 660,000 $ 172,500

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 contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (11,100 units at $375 each) Variable costs (11,100 units at $300 each) Contribution margin Fixed costs Income $ 4,162,500 3,330,000 832,500 660,000 $ 172,500

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 5PB: Wellington, Inc., reports the following contribution margin income statement for the month of May....

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