Can I have help, please! I attempted the problem but its wrong 5 Required inform

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Can I have help, please! I attempted the problem but its wrong

5 Required information [The following information applies to the questions displayed belowj Hudson Co. reports the contribution margin income statement for 2017. Part 4 of 5 HUDSON CO Contribution Margin Income Statement For Year Ended December 31, 2017 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 0/3.57 polnts awarded 01:48:55 Pretax income Scored If the company raises its selling price to $240 per unit. 1. Compute Hudson Co.'s contribution margin per unit. 2. Compute Hudson Co.'s contribution margin ratio 3. Compute Hudson Co's break-even point in units 4. Compute Hudson Co.'s break-even point in sales dollars 1. Contribution margin unit Contribution margin ratio Break-even point Break-even sales dollars 8,200 units 4 1,845,000

Explanation / Answer

1) contribution margin per unit=selling price per unit-variable cost per unit selling price per unit 240 Variable expense per unit -180 contribution margin per unit 60 answer 2) contribution margin ratio = contribution/sales 60/240 25% answer 3) BEP(units)                 = fixed cost/contribution margin per unit 369,000/60 6150 units answer 4) BEP(sales)= 6150*240 1476000 answer

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