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Hudson Company reports the following contribution margin income statement. Exercise 18-19(Algo) Evaluating strategies-new machine...

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Accounting

Hudson Company reports the following contribution margin income statement.
Exercise 18-19(Algo) Evaluating strategies-new machine LO C2
The company is considering buying a new machine that will increase its fixed costs by $35,500 per year and decrease its variable costs by $8 per unit. Prepare a contribution margin income statement for the next year assuming the company purchases this machine.
\table[[HUDSON COMPANY],[Contribution Margin Income Statement],[For Year Ended December 31],[Salers],[Wariable costs],[Centribution margin],[Fined costs],[incimedloss,]]
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