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Homework Answers
1.
Breakeven point = Fixed cost/Contribution margin per unit
= 360,000/(225-180)
= 360,000/45
= 8,000 units
Breakeven point = 8,000 * 225
= 1,800,000
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Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contributon...
Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution...
Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,500 units at $225 each) Variable costs (10,500 units at $180 each) Contribution margin Fixed costs $2,362,500 1,890,000 472,500 369,000 $ 103,500 Pretax income 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. units 1. Break-even point 2....
Required information (The following information applies to the questions displayed below.) Hudson Co. reports the contribution...
Required information (The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (9,600 units at $225 each) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs Pretax income $2,168,000 1,728,000 432,000 324,000 $ 108,000 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co's break-even point in sales dollars. 1. units Break-even point Break-even...
Required information (The following information applies to the questions displayed below.) Hudson Co. reports the contribution...
Required information (The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (11,500 units at $225 each) Variable costs (11,500 units at $180 each) Contribution margin Fixed costs Pretax income $2,587,500 2,070,000 517,500 360,000 $ 157,500 If the company raises its selling price to $300 per unit. 1. Compute Hudson Co.'s contribution margin per unit. 2. Compute Hudson...
Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution...
Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (11,300 units at $175 each) Variable costs (11,300 units at $140 each) Contribution margin Fixed costs Pretax income .. $1,977,500 1,582,000 395,500 315,000 $ 80,500 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. 1. units Break-even point...
[The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income...
[The following information applies to the questions
displayed below.]
Hudson Co. reports the contribution margin income statement for
2017.
HUDSON CO.
Contribution Margin Income Statement
For Year Ended December 31, 2017
Sales (9,900 units at $225 each)
$
2,227,500
Variable costs (9,900 units at $180 each)
1,782,000
Contribution margin
$
445,500
Fixed costs
342,000
Pretax income
$
103,500
2 ! Part 1 of 5 Required information Use the following information for the Exercises below. [The following information applies to the...
! Required information [The following information applies to the questions displayed below.] Hudson Co. reports the...
! Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,700 units at $300 each) Variable costs (10,700 units at $240 each) Contribution margin Fixed costs Pretax income $3,210,000 2,568,000 642,000 504,000 $ 138,000 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. 1. units Break-even point...
Required information The following information applies to the questions displayed below.) Hudson Co. reports the contribution...
Required information The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2017 HUDSON Co. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (10,100 units at $300 each) Variable costs (10,100 units at $240 each) Contribution margin Fixed costa Pretax income $3,030,000 2,424,000 $ 606,000 468,000 $ 138,000 1. Compute Hudson Co.'s break-even point in units and 2. Compute Hudson Co.'s break-even point in sales dollars. 1. Break-even point...
Required Information [The following information applies to the questions displayed below.) Hudson Co. reports the contribution...
Required Information [The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin Income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,300 units at $375 each) Variable costs (10,300 units at $300 each) Contribution margin Fixed costs Pretax income $3,862,580 3,090, eee 772,5ee 600, eee $ 172,500 If the company ralses its selling price to $400 per unit. 1. Compute Hudson Co.'s contribution margin per unit. 2....
Required information The following information applies to the questions displayed below.) Hudson Co. reports the contribution...
Required information The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2017, HUDSON co. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (10,800 units at $280 each) Variable costs (10,800 units at $210 each) Contribution margin Fixed costs Pretax income $3,024,000 2,268,000 $ 756,000 567,000 $ 189,000 1. Compute Hudson Co.'s break-even point in units and. 2. Compute Hudson Co.'s break-even point in sales dollars. units 1. 2....
Required information The following information applies to the questions displayed below.] Hudson Co. reports the contribution...
Required information The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019 HUDSON CO. Contribution Margin Income Statement Fot Year Ended December 31, 2019 Sales (10,900 units at 6225 cach) Variable coata (10,900 units at 6180 each) Contribution margin Fixed costs Pretax income 62, 452,500 1,962,000 490, 500 387.000 ¢ 103,500 If the company raises its selling price to $240 per unit 1. Compute Hudson Co's contribution margin per unit 2....
Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,500 units at $225 each) Variable costs (10,500 units at $180 each) Contribution margin Fixed costs $2,362,500 1,890,000 472,500 369,000 $ 103,500 Pretax income 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. units 1. Break-even point 2....
Required information (The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (9,600 units at $225 each) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs Pretax income $2,168,000 1,728,000 432,000 324,000 $ 108,000 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co's break-even point in sales dollars. 1. units Break-even point Break-even...
Required information (The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (11,500 units at $225 each) Variable costs (11,500 units at $180 each) Contribution margin Fixed costs Pretax income $2,587,500 2,070,000 517,500 360,000 $ 157,500 If the company raises its selling price to $300 per unit. 1. Compute Hudson Co.'s contribution margin per unit. 2. Compute Hudson...
Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (11,300 units at $175 each) Variable costs (11,300 units at $140 each) Contribution margin Fixed costs Pretax income .. $1,977,500 1,582,000 395,500 315,000 $ 80,500 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. 1. units Break-even point...
[The following information applies to the questions
displayed below.]
Hudson Co. reports the contribution margin income statement for
2017.
HUDSON CO.
Contribution Margin Income Statement
For Year Ended December 31, 2017
Sales (9,900 units at $225 each)
$
2,227,500
Variable costs (9,900 units at $180 each)
1,782,000
Contribution margin
$
445,500
Fixed costs
342,000
Pretax income
$
103,500
2 ! Part 1 of 5 Required information Use the following information for the Exercises below. [The following information applies to the...
! Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,700 units at $300 each) Variable costs (10,700 units at $240 each) Contribution margin Fixed costs Pretax income $3,210,000 2,568,000 642,000 504,000 $ 138,000 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. 1. units Break-even point...
Required information The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2017 HUDSON Co. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (10,100 units at $300 each) Variable costs (10,100 units at $240 each) Contribution margin Fixed costa Pretax income $3,030,000 2,424,000 $ 606,000 468,000 $ 138,000 1. Compute Hudson Co.'s break-even point in units and 2. Compute Hudson Co.'s break-even point in sales dollars. 1. Break-even point...
Required Information [The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin Income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,300 units at $375 each) Variable costs (10,300 units at $300 each) Contribution margin Fixed costs Pretax income $3,862,580 3,090, eee 772,5ee 600, eee $ 172,500 If the company ralses its selling price to $400 per unit. 1. Compute Hudson Co.'s contribution margin per unit. 2....
Required information The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2017, HUDSON co. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (10,800 units at $280 each) Variable costs (10,800 units at $210 each) Contribution margin Fixed costs Pretax income $3,024,000 2,268,000 $ 756,000 567,000 $ 189,000 1. Compute Hudson Co.'s break-even point in units and. 2. Compute Hudson Co.'s break-even point in sales dollars. units 1. 2....
Required information The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019 HUDSON CO. Contribution Margin Income Statement Fot Year Ended December 31, 2019 Sales (10,900 units at 6225 cach) Variable coata (10,900 units at 6180 each) Contribution margin Fixed costs Pretax income 62, 452,500 1,962,000 490, 500 387.000 ¢ 103,500 If the company raises its selling price to $240 per unit 1. Compute Hudson Co's contribution margin per unit 2....
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