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Hermosa, Incorporated produces one model of mountain bike. Partial information for the company follows: Number of bikes produced and sold Total costs Variable costs Fixed
Hermosa, Incorporated produces one model of mountain bike. Partial information for the company follows: 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 540 800 960 $ 126,900 $ 2 $ 2 2 ? 2 2 2 2 2 2 2 $ 523.75 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 $830. 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. Required 11 Required 2 Required 4 Complete the table. Note: Round your "Cost per Unit" answers to 2 decimal places. Number of bikes produced and sold 540 Units 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 $ 126,900 800 Units 960 Units $ 523.75 Hermosa, Incorporated produces one model of mountain bike. Partial information for the company follows: 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 Required: 1. Complete the table. 540 800 960 $ 126,900 $? $ ? ? 2 2 2 2 2 2 2 2 2 $ 523.75 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 $830. 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 $830. Note: Do not round your intermediate calculations. Round your percentage answers to 2 decimal places. (i.e. 0.1234 should be entered as 12.34%.). 540 Units 800 Units 960 Units Contribution Margin Ratio Total Contribution Margin % % % Show less A Hermosa, Incorporated produces one model of mountain bike. Partial information for the company follows: 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 540 800 960 $ 126,900 $ 7 $ 7 ? ? ? 2 ? ? 2 2 2 2 $ 523.75 Required: 1. Complete the table. es 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated in the table assu the company sells each bike for $830. 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 tequired 4 Calculate Hermosa's break-even point in units and sales revenue. Note: Do not round your intermediate calculations. Round your "Unit" and "Sales Revenue" answers to the nearest whole number. Break-Even Units Bikes Break-Even Sales Revenue
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