A company manufactures and sells racing bicycles to specialty retailers. The Bomber model sells for $650 and has per-unit variable costs of $260 associated with its production. The company has fixed expenses of $35,000 per month. In May, the company sold 230 of the Bomber model bikes. A. Calculate the contribution margin per unit for the Bomber. Contribution margin 390 per unit B. Calculate the contribution margin ratio of the Bomber Contribution margin ratio 60% C. Prepare a contribution margin income statement for the month of May. Use a minus sign for a net loss if present. Income Statement Sales 149,500 Variable Costs 59,300 Contribution Margin Fixed Costs Net Income (Loss)