all 5 questions please with explanations!

Exercise 7-29 Retail; CVP Analysis with Multiple Products (LO 7-1,7-2, 7-5) Tim's Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into t categories, as follows: Product Type High-quality Medium-quality Sales Price Invoice cost $1,600 $850 900 570 Sales Commission $110 90 Three-quarters of the shop's sales are medium-quality bikes. The shop's annual fixed expenses are $170,000. (In the following requirements, ignore income taxes.) Required: 1. Compute the unit contribution margin for each product type. 2. What is the shop's sales mix? 3. Compute the welghted average unit contribution margin, assuming a constant sales mix. 4. What is the shop's break-even sales volume in dollars? Assume a constant sales mix 5. How many bicycles of each type must be sold to earn a target net income of $102,000? Assume a constant sales mix. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Requires What is the shop's break-even sales volume in dollars? Assume a constant sales mix. (Do not round Intermediate calculations.) Break-even sales volume