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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 510 850 920 $ $ Number of bikes produced and sold
Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 510 850 920 $ $ 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 $121,380 ? ? ? ? ? ? ? ? ? ? ? ? ? $ 516.75 ? ? ? 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 assuming the company sells each bike for $730. 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) 510 Units 850 Units 920 Units S 121,380 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 516.75 Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 510 850 920 $121,380 $ ? $ 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 ? ? ? ? $ 516.75 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 assuming the company sells each bike for $730. 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. 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 $730. (Round your percentage answers to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) 510 Units 850 Units 920 Units % Contribution Margin Ratio Total Contribution Margin Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 510 850 920 $121,380 ? $ 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 ? ? ? ? ? ? ? ? $ 516.75 ? 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 assuming the company sells each bike for $730. 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Calculate Hermosa's break-even point in units and sales revenue. (Round your "Unit" and "Sales Revenue" answers to the nearest whole number.) Bikes Break-Even Units Break-Even Sales Revenue
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