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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 (9,900 units at $225 each) Variable costs (9,900 units at $180 each) Contribution margin Fixed costs Income $ 2,227,500 1,782,000 445,500 342,000 $ 103,500 Exercise 21-11 (Algo) Computing break-even units and sales LO P2 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. units 1. Break-even units 2. Break-even sales dollars 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 (9,900 units at $225 each) Variable costs (9,900 units at $180 each) Contribution margin Pixed conto Income $ 2,227,500 1,782,000 445,500 342,000 $ 103,500 Exercise 21-12 (Algo) Target income and margin of safety LO C2 1. Assume Hudson has a target income of $165,000. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target income, what is its margin of safety in percent)? (Round your answer to 1 decimal place.) 1. Dollar sales for target income 2. Margin of safety % Exercise 21-8 (Algo) Computing missing amounts in contribution margin income statements LO A1 Compute the missing amounts in the contribution income statement shown below: (Round "Per Unit" answers to 2 decimal places.) Company A Number of units sold Company B 2,025 Per unit Total Total Per unit $ 234,600 $ 89,00 166,600 Sales Variable costs Contribution margin Fixed costs Income 48,600 56,700 24,300 $ 52,700

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