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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: Number of bikes produced and sold 510 770 900 Total costs

Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows:

Number of bikes produced and sold 510 770 900
Total costs
Variable costs $ 126,480 $ ? $ ?
Fixed costs per year ? ? ?
Total costs ? ? ?
Cost per unit
Variable cost per unit ? ? ?
Fixed cost per unit ? ? ?
Total cost per unit ? $ 535.75 ?

Required:

1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.)

Number of Bikes Produced and Sold 510 Units 770 Units 900 Units
Total Costs
Variable Costs $ 126.480
Fixed Costs
Total Costs $ 126.480 $ $
Costs per Unit
Variable Costs per Unit
Fixed Costs per Unit
Total Costs per Unit $ $ 535.75 $

2. Calculate Hermosas contribution margin ratio and its total contribution margin at each sales level indicated in the table assuming the company sells each bike for $700. (Round your answers to 2 decimal places.)

510 Units 770 Units 900 Units
Contribution Margin Ratio % % %
Total Contribution Margin

3.Calculate Hermosas break-even point in units and sales revenue. (Round your "Unit" and "Sales Dollars" answers to the nearest whole number.)

Break-Even Units Bikes
Break-Even Sales Revenue

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