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Hermoss, Inc. produces one model of mountain bike. Partial information for the company follows: 540 950 930 Number of bikes produced and sold Total casts
Hermoss, Inc. produces one model of mountain bike. Partial information for the company follows: 540 950 930 Number of bikes produced and sold Total casts Variable costs Fixed costs per year Total casts Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $133,920 ? 7 ? S ? ? 7 7 ? ? ? 7 ? ? ? $535.75 Required: 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places. Number of bikes produced 540 Units 850 Units 930 Units and sold Total costs Variable costs $ 133,920 Fixed costs per year Total costs Cosi per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 535.75 2. Calculate Hermosa's contribution margin ralio and ils to al contribution margin al each sales level indicated in the table assuring the company sells each bike for SB10. (Round your percentage answers to 2 decimal places. (ie. .1234 should be entered as 12.34%.)) 540 Units 850 Units 930 Units % Contribution Margin Ratio Total Contribution Margin 4. Calculate Hermosa's break-even point in units and sales revenue (Round your answers to the nearest whole number.) Bikes Bresk-Even Units Bresk-Even Sales Revenue
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