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Hermosa, Inc., produces one model of mountain bike. Partial Information for the company follows: 490 850 940 $117,600 $ 7 $ 2 Number of bikes

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Hermosa, Inc., produces one model of mountain bike. Partial Information for the company follows: 490 850 940 $117,600 $ 7 $ 2 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 $529.75 Required: 1. Complete the table 2. Calculate Hermosa's contribution margin ratio and its total contribution thargin at each sales tevel indicated in the table assuming the company sells each bike for $770 4. Calculate Hermosa's break-even point in units and sales revenue Complete this question by entering your answers in the tabs below. Required Required 2 Required a Complete the table. (Round your 'Cost per Unit" answers to 2 decimal places.) Number of bikos produced and sold 490 Units 650 Units 9:40 Units Total costs Variable costs $ 117.500

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