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Number of bikes produced and sold 520 850 940 Total costs Variable costs $125,320 ? $ 7 Fixed costs per year 7 ? ?
Number of bikes produced and sold 520 850 940 Total costs Variable costs $125,320 ? $ 7 Fixed costs per year 7 ? ? Total costs ? ? ? Cost per unit Variable cost per unit. ? ? ? Fixed cost per unit ? Total cost per unit ? ? $519.75 ? 7 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 1 Required 2 Required 4 Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of bikes produced and sold 520 Units 850 Units 940 Units Total costs Variable costs Fixed costs per year Total costs $ 125,320 $ 125,320 $ 0 $ 0 Cost per unit Variable cost per unit Fixed cost per unit $ Total cost per unit 0.00 $ 519.75 $ 0.00
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