What amount of sales is needed to produce

Assignment Help Accounting Basics

Reference no: EM133925926

Queston: Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,300 units at $375 each) $ 3,862,500 Variable costs (10,300 units at $300 each) 3,090,000 Contribution margin 772,500 Fixed costs 600,000 Income $ 172,500 Get expert-level assistance in any subject with our assignment help services.

Required: Assume Hudson has a target income of $169,000. What amount of sales (in dollars) is needed to produce this target income?

Reference no: EM133925926

Questions Cloud

What is the companys annual revenue and cash flow : What is the company's annual revenue and cash flow? How could you use this data to inform your recommendation in your business consulting plan?

Analyzing scenarios using ppt concepts : Analyze if this is a business or hobby, and why expenses might be deductible. 2. Scenario: Tom buys a house in Canada on April 1, 2025, and sells it on March 15

Calculate the reserve for 2025 : Calculate the reserve for 2025 and explain the add-back/new reserve for 2026 - Reserve for Unpaid Amounts: In 2025, a business sells equipment for $200,000

Analysis of the critical role that accounting information : Draw up the last sentence Your post provides an insightful analysis of the critical role that accounting information and incremental analysis play in financial

What amount of sales is needed to produce : Assume Hudson has a target income of $169,000. What amount of sales (in dollars) is needed to produce this target income

Prepare a statement of revenues and expenditures : Prepare a statement of revenues, expenditures, and changes in fund balance for the Ahmed Village Park Improvement Capital Projects Fund for 20X7

What other option does he have : Samji feels he has been treated unfairly by his investment firm. He believes he lost over $85,000 due to inappropriate advice. What other option does he have?

Provide critical information needed for a firm or investor : optional financial statement and does not provide critical information needed for a firm or investor to succeed. Do you agree with this statement

What factors do you have to consider when choosing the bonds : What factors do you have to consider when choosing the bonds to invest in? What are the main sources of risk associated with investing on the Bond Market?

User Account

All Pages