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Hermosa, Inc, produces one model of mountain bike. Partial information for the company follows: 480 760 910 $112,320 $ $ Number of bikes produced and
Hermosa, Inc, produces one model of mountain bike. Partial information for the company follows: 480 760 910 $112,320 $ $ 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 2 2 ? ? 2 2 $512.75 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. Required 1 Required 2 Required 4 Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) 480 Units Number of bikes produced and sold Total costs 760 Units 910 Units Required 1 Required 2 Required 4 Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) 480 Units 760 Units 910 Units $ 112,320 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 $ 512.75 Roqulrod 1 Required 2 > Required 1 Required 2 Required 4 Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated assuming the company sells each bike for $790. (Round your percentage answers to 2 decimal places. (.e. entered as 12.34%.)) 480 Units 760 Units 910 Units % % % Contribution Margin Ratio Total Contribution Margin Required: 1. Complete the table. 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indie 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. Required 1 Required 2 Required 4 Calculate Hermosa's break-even point in units and sales revenue. (Round your "Unit" and "Sales Revenue" ang nearest whole number.) Bikes Break-Even Units Break-Even Sales Revenue
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