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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 500 820 910

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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 500 820 910 Variable costs Fixed costs per year $115,500 Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 507.75 Required: 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of bikes produced and sold 500 Units 820 Units 910 Units Total costs Variable costs 115,500 255,020 283,010 161,335 115,500 416,355 283,010 Fixed costs per year Total costs Cost per unit Variable cost per unit 311.00 s S 3 196.75 $ 311.00 S 311.00 Fixed cost per unit O Type here to search Required: 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) bikes produced and sold 500 Units 820 Units Total costs Variable costs $115,500 255,020 283,010 Fixed costs per year 161,335 Total costs $ 115,500 $ 416,355 283,010 Cost per unit Variable cost per unit Fixed cost per unit $ 311.00311.00S 3 311.00 196.75 Total cost per unit 311.00 507.75 311.00 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales le decimal places. (i.e. .1234 should be entered as 12.34%.)) 500 Units 820 Units 910 Units Contribution Margin Ratio Total Contribution Margin 96 Type here to search 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales l decimal places. (i.e. .1234 should be entered as 12.34%-)) 500 Units 820 Units 910 Units Contribution Margin Ratio Total Contribution Margin 4. Calculate Hermosa's break-even point in units and sales revenue. (Round your answers to th Break-Even Units Bikes Break-Even Sales Revenue References eBook & Resources Worksheet Type here to search

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