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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 510 790 940 $122,400 57 Number of bikes produced and sold
Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 510 790 940 $122,400 57 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 2 2 2 7 5520.75 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 $790. 4. Calculate Hermosa's break even point in units and sales revenue. Complete this question by entering your answers in the tabs below. Hequired i Required 2 Required Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated in the table onsuming the company sells each b for 5790. Round your percentage answers to 2 decimal places. 1234 should be entered as 12.34) 10 TU Contribution Margin to Total Contribution Margin
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