Hudson Co. reports the contribution margin income statement for 2017. ...
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Accounting
Hudson Co. reports the contribution margin income statement for 2017.
HUDSON CO. | |||
Contribution Margin Income Statement | |||
For Year Ended December 31, 2017 | |||
Sales (11,100 units at $375 each) | $ | 4,162,500 | |
Variable costs (11,100 units at $300 each) | 3,330,000 | ||
Contribution margin | $ | 832,500 | |
Fixed costs | 660,000 | ||
Pretax income | $ | 172,500 | |
1. Compute Hudson Co.'s break-even point in units and. 2. Compute Hudson Co.'s break-even point in sales dollars.
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