Hudson Co. reports the contribution margin income statement for 2015. ...
80.2K
Verified Solution
Link Copied!
Question
Accounting
| Hudson Co. reports the contribution margin income statement for 2015. |
| HUDSON CO. | |||
| Contribution Margin Income Statement | |||
| For Year Ended December 31, 2015 | |||
| Sales (9,700 units at $160 each) | $ | 1,552,000 | |
| Variable costs (9,700 units at $120 each) | 1,164,000 | ||
|
|
| ||
| Contribution margin | $ | 388,000 | |
| Fixed costs | 200,000 | ||
|
|
| ||
| Pretax income | $ | 188,000 | |
|
|
| ||
|
| |||
| 1. | Compute Hudson Co.'s break-even point in units. |
| 2. | Compute Hudson Co.'s break-even point in sales dollars. |
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.