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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 490 840 950 $ Number of bikes produced and sold Total
Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 490 840 950 $ 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 $122,010 ? ? 2 ? ? ? 2 ? 2 2 ? 2 ? $ 539.75 ? ? 2 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 $680. 4. Calculate Hermosa's break-even point in units and sales revenue. Required 1 Required 2 Required 4 Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) 490 Units 840 Units 950 Units $ 122,010 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 $ $ 539.75 Required Required 2 > Required 1 Required2 Required 4 Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level assuming the company sells each bike for $680. (Round your percentage answers to 2 decimal pla entered as 12.34%.)) 490 Units 840 Units 950 Units % % % Contribution Margin Ratio Total Contribution Margin Required 1 Required 2 Required 4 Calculate Hermosa's break-even point in units and sales revenue. (Round your "Unit" and "Sa nearest whole number.) Bikes Break-Even Units Break-Even Sales Revenue
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