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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 Variable costs

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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 Variable costs Fixed costs per year Total costs Variable cost per unit Cost per unit Fixed cost per unit Total cost per unit Required: 1. Complete the table. 490 830 990 $121,030 $ 7 $ ? ? 7 ? ? ? 7 ? ? 7 ? ? $535.75 7 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 $800. 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 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 $800. (Round your percentage answers to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) 490 Units 830 Units 990 Units Contribution Margin Ratio Total Contribution Margin % % %

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