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Required information [The following information applies to the questions displayed below.] Hudson Company...

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Accounting

Required information
[The following information applies to the questions displayed below.]
Hudson Company reports the following contribution margin income statement.
Assume Hudson has a target income of $167,000. What amount of sales (in dollars) is needed to produce this target income?
If Hudson achieves its target income, what is its margin of safety (in percent)?
Note: Round your answer to 1 decimal place.
\table[[1. Dollar sales for target income,,],[2. Margin of safety,%,]]
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