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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: Number of bikes produced and sold 510 780 900 Total
Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: Number of bikes produced and sold 510 780 900 Total costs Variable costs $122,400 $ 2 $ 2 Total costs Fixed costs per year. Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit ? 2 ? 2 2 ? ? 2 2 ? ? ? $522.75 2 Required: 1. Complete the table. 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated in the table the company sells each bike for $810. 4. Calculate Hermosa's break-even point in units and sales royonun
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