1. value| 10.00 points Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 500 750 970 $ 116,000 $ $ Number of bikes produced and soid Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit ? ? ? ? 2 ? 2 ? ? $ 521.75 ? ? 2 ? Required: 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of bikes produced and sold Total costs 500 Units 750 Units 970 Units Variable costs $ 116,000 Fixed costs per year Total costs $ 116,000 $ 0 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 0.00 $ 521.75 $ 0.00 30 stv 2. Calculate Hermow's contribution margin ratio and is total contribution margin at each sales level indicated in the table asuming company sets each bike for $700 (Round your percentage answers to 2 decimal places. e. 1234 should be entered as 12.34%) 500 Units 750 Unite 70 Unite Contribution Margin Ratio Total Contribution Margin 4. Calculato Hormone's break-even point in unts and sales revenue (Round your answer to the nearest whole number) Bikes Bresk-Even Units Bronkiven Sales Revenue 30 Gly w