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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 510 770 990 $117.300 Number of bikes produced and sold Total
Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 510 770 990 $117.300 Number of bikes produced and sold 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 S ? ? 7 7 ? ? ? ? ? ? 7 $513.75 2 ? ? Required: 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of bikes produced 510 Units 770 Units 990 Units and sold Total costs Variable casts S 117,300 Fixed costs per year Total costs S 117,300 $ ols 0 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit S 0.00 $ 513.75 S $ 0.00 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 $630. (Round your percentage answers to 2 decimal places. (i...1234 should be entered as 12.34%.)) 510 Units 770 Units 990 Unite Contrbution Marpin Ratio Total Contribution Margin 4. Calculate Hermosa's break-even point in units and sales revenue. (Round your answers to the nearest whole number.) Bikes Break-Even Units Break-Even Sales Revenue
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