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Hermosa, Incorporated produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete the table. 2. Calculate Hermosa's contribution margin ratio
Hermosa, Incorporated produces one model of mountain bike. Partial information for the company follows: 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 $780. 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Complete the table. Note: Round your "Cost per Unit" answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated i assuming the company sells each bike for $780. Note: Do not round your intermediate calculations. Round your percentage answers to 2 decimal places. (i.e. be entered as 12.34%. Complete this question by entering your answers in the tabs below. 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
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