10.00 points PA6-1 Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point (LO 6-1, 6-2] Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 490 810 $ 114 660 $ 7 Number of bikes produced and sold Total costs Variable costs Fixed costs per year Total costs Cost per unit Vanable cost per unit Faced cost per unit Total cost per unit $ 517 75 Required: 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) 490 Units 810 Units 980 Units Number of bikes produced and sold Total costs Variable costs Fixed costs per year $ 114660 Total costs Cost per unit Variable cost per unit Faced cost per unit Total cost per unit $ 517 75 Type here to search 9 DELL F3 FA F5 ... F7 " % 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated in the table assuming the company sets each bike for $650 (Round your per places. (...1234 should be entered as 12.34%) 490 Units 810 Units 9 80 Units Contribution Margin Ratio Total Contribution Margin 4. Calculate Hermosa's break-even point in units and sales revenue (Round your answers to the nearest whole number.) Break Even Units Break Even Sales Revenue References eBook & Resources Worksheet Difficulty: 3 Hard Learning Objective: 06-01 Use cost-volume profit analysis to find the break-even point PA6.1 Calculating Contribution Margin, Contribution Margin Ratio, Break-even Point (LO 6-1, 6-21 Check my work Type here to search Oe DELL