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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: Number of bikes produced and sold Total costs 530 122,960 7

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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: Number of bikes produced and sold Total costs 530 122,960 7 Variable costs Foxed costs per year Total costs Cost per unit cost per Foced cost per unit Total cost per unit 506.75 Required 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) of bikes produced and sold 530 Units 790 Units 950 Units Variable costs $122.90 Fixed costs per ye Total costs 122.9O Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 0006.75 0.00 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 $690. (Round your percentage answers to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) 790 Units Contribution Margin Ratio Total Conebution Margin 4. Calculate Hermosa's break-even point in units and sales revenue. (Round your answers to the nearest whole number.) Bikes Revenue

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