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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 520 840 910 $125,840 $ ? Number of bikes produced and
Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 520 840 910 $125,840 $ ? Number of bikes produced and sold Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 530.75 Cequired: . Complete the table. (Round your "Cost per Unit" answers to 2 decimal places. 520 Units 840 Units 910 Units Number of bikes produced and sold Total costs Variable costs Fixed costs per year $ 125,840 Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 530.75 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated in the table assuming the company sells each bike for $820. (Round yo percentage answers to 2 decimal places. fi.e. .1234 should be entered as 12.34%.)) 520 Units 840 Units 910 Units Contribution Margin Ratio Total Contribution Margin in Marcin 4. Calculate Hermosa's break-even point in units and sales revenue. (Round your answers to the nearest whole number.) Bikes Break-Even Units Break-Even Sales Revenue
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