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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: Number of bikes produced and sold 400 800 1,000 Total
Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: Number of bikes produced and sold 400 800 1,000 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 $125,000 $ ? $ ? ? ? ? ? ? ? $ 543.75 1. Complete the table. (Round your cost per unit answers to 2 decimal places.) Required: Number of Bikes Produced and Sold 400 Units 800 Units 1,000 Units Total costs Variable costs $ 125,000 Fixed costs per year Total costs $ 125,000 $ 0 $ 0 Cost per unit Variable cost per unit- Fixed cost per unit Total cost per unit $ 0.00 $ 543.75 $ 0.00 13
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