Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows:

Number of bikes produced and sold		490		840		980
Total costs
Variable costs	$	122,010	$	?	$	?
Fixed costs per year		?		?		?
Total costs		?		?		?
Cost per unit
Variable cost per unit		?		?		?
Fixed cost per unit		?		?		?
Total cost per unit		?	$	524.75		?

Required: 1. Complete the table.

2. Calculate Hermosas contribution margin ratio and its total contribution margin at each sales level indicated in the table assuming the company sells each bike for $740.

4. Calculate Hermosas break-even point in units and sales revenue.

1.

2.

4.

Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of bikes produced and sold 490 Units 840 Units 980 Units Total costs Variable costs $ 122,010 Fixed costs per year Total costs $ 122,010 $ 0 $ 0 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 0.00 524.75 $ 0.00 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 $740. (Round your percentage answers to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) 490 Units 840 Units 980 Units % % % Contribution Margin Ratio Total Contribution Margin Calculate Hermosa's break-even point in units and sales revenue. (Round your "Unit" and "Sales Revenue" answers to the nearest whole number.) Break-Even Units Bikes Break-Even Sales Revenue