Brads Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows:

Product Type	Sales Price			Invoice Cost			Sales Commission
High-quality	$	1,000		$	550		$	50
Medium-quality		600			270			30

Seventy percent of the shops sales are medium-quality bikes. The shops annual fixed expenses are $148,500. (In the following requirements, ignore income taxes.)

Required:

Compute the unit contribution margin for each product type. What is the shops sales mix? Compute the weighted-average unit contribution margin, assuming a constant sales mix What is the shops break-even sales volume in dollars? Assume a constant sales mix. How many bicycles of each type must be sold to earn a target net income of $99,000? Assume a constant sales mix