Homework Answers
| Answer |
| 1. Break even point in units = Fixed cost / Contribution per unit |
| Contribution per unit |
| Selling price per unit - variable cost per unit |
| $225 - $180 |
| Break even point in units = 45 Units |
| Break even units = $324000 / $45 |
| Break even units = 7200 units |
| 2. Break even sales = break even units * Selling price per unit |
| 7200 * $225 |
| Break even sales = $1620000 |
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Required information (The following information applies to the questions displayed below.) Hudson Co. reports the contribution...
Hudson Co. reports the contribution margin income statement for 2019 below. Using this information, compute Hudson...
Hudson Co. reports the contribution margin income statement for 2019 below. Using this information, compute Hudson Co.'s (1) break-even point in units and (2) break-even point in sales dollars. 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 $2,160,000 1,728,000 432,000 324,000 $ 108,000 Use the amounts shown on the contribution margin income statements below to compute the missing amounts...
CHICLAY WORK Required information (The following information applies to the questions displayed below] U Hudson Co....
CHICLAY WORK Required information (The following information applies to the questions displayed below] U 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) $2,160,000 Variable costs (9,600 units at $180 1,728,000 each) Contribution margin 432,000 Fixed costs 324,000 Protax income 108,000 1. Assume Hudson Co. has a target pretax income of $162,000 for 2020. What amount of sales in dollars) is...
Required information Use the following information for the Exercises below. [The following information applies to the...
Required information Use the following information for the Exercises below. [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 (9,600 units at $225 each) $ 2,160,000 Variable costs (9,600 units at $180 each) 1,728,000 Contribution margin $ 432,000 Fixed costs 324,000 Pretax income $ 108,000 Exercise 21-16 Break-even LO P2 1. Compute Hudson Co.'s break-even point in...
Required information Use the following information for the Exercises below. [The following information applies to the...
Required information Use the following information for the Exercises below. [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 (9,600 units at $225 each) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs Pretax income $2,160,000 1,728,000 $ 432,000 324,000 $ 108,000 Exercise 18-16 Break-even LO P2 1. Compute Hudson Co.'s break-even point in units...
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 (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 contributon...
Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contributon margin income statement for 2019, HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (11,5ee units at $225 each) Variable costs (11,5ee units at $180 each) Contribution margin Fixed costs Pretax income $2,587,500 2,878,888 517, see 157.5ee 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. 1. 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 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 ยข 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 Use the following information for the Exercises below. [The following information applies to the...
Required information Use the following information for the Exercises below. [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 (9,600 units at $225 each) $ 2,160,000 Variable costs (9,600 units at $180 each) 1,728,000 Contribution margin $ 432,000 Fixed costs 324,000 Pretax income $ 108,000 Exercise 21-19 Evaluating strategies LO C2 If the company raises its selling...
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....
Hudson Co. reports the contribution margin income statement for 2019 below. Using this information, compute Hudson Co.'s (1) break-even point in units and (2) break-even point in sales dollars. 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 $2,160,000 1,728,000 432,000 324,000 $ 108,000 Use the amounts shown on the contribution margin income statements below to compute the missing amounts...
CHICLAY WORK Required information (The following information applies to the questions displayed below] U 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) $2,160,000 Variable costs (9,600 units at $180 1,728,000 each) Contribution margin 432,000 Fixed costs 324,000 Protax income 108,000 1. Assume Hudson Co. has a target pretax income of $162,000 for 2020. What amount of sales in dollars) is...
Required information Use the following information for the Exercises below. [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 (9,600 units at $225 each) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs Pretax income $2,160,000 1,728,000 $ 432,000 324,000 $ 108,000 Exercise 18-16 Break-even LO P2 1. Compute Hudson Co.'s break-even point in units...
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 (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 contributon margin income statement for 2019, HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (11,5ee units at $225 each) Variable costs (11,5ee units at $180 each) Contribution margin Fixed costs Pretax income $2,587,500 2,878,888 517, see 157.5ee 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. 1. 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 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 ยข 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 (10,300 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....
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