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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: Number of bikes produced and sold 480 760 940 Total costs

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

Number of bikes produced and sold 480 760 940
Total costs
Variable costs $ 115,680 $ ? $ ?
Fixed costs per year ? ? ?
Total costs ? ? ?
Cost per unit
Variable cost per unit ? ? ?
Fixed cost per unit ? ? ?
Total cost per unit ? $ 520.75 ?

Required: 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.)

Number of bikes produced and sold 480 Units 760 Units 940 Units
Total costs
Variable costs $115,680
Fixed costs per year
Total costs $115,680 $0 $0
Cost per unit
Variable cost per unit
Fixed cost per unit
Total cost per unit $0.00 $520.75 $0.00

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 $700. (Round your percentage answers to 2 decimal places. (i.e. .1234 should be entered as 12.34%.))

480 Units 760 Units 940 Units
Contribution Margin Ratio % % %
Total Contribution Margin

4. Calculate Hermosas break-even point in units and sales revenue. (Round your answers to the nearest whole number.)

Break-Even Units Bikes
Break-Even Sales Revenue

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