Question
Number of bikes produced and sold Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed
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. 500 790 970 $ 120,500 $ ? $ 7 ? ? ? ? ? ? ? ? ? 7 ? $ 526.75 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 $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 Complete the table. Required 4 Note: Round your "Cost per Unit" answers to 2 decimal places. Number of bikes produced and sold 500 Units 790 Units 970 Units. Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit $ 120,500
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