For purposes of cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows:

as divided sales into two categories, as follows:

Product TypeSales PriceInvoice CostSales CommissionHigh-quality$1,400$750$90 Medium quality 80047070

Three-quarters of the shop's sales are medium-quality bikes. The shop's annual fixed expenses are $147,400. (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 weighted-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 $100,500? Assume a constant

Compute the unit contribution margin for each product type.

Bicycle TypeUnit Contribution MarginHigh-qualityMedium-quality

Bicycle TypeSales MixHigh-quality%Medium-quality%

Compute the weighted-average unit contribution margin, assuming a constant sales mix. (Round your answer to 1 decimal place.)

Weighted-average unit contribution margin

What is the shop's break-even sales volume in dollars? Assume a constant sales mix.

Break-even sales volume

How many bicycles of each type must be sold to earn a target net income of $100,500? Assume a constant sales mix.

Bicycle TypeNumber of BicyclesHigh-qualityMedium-qualit