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PA6-1 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break- Even Point (LO 6-1, 6-2] Hermosa, Inc., produces one model of mountain bike. Partial information for
PA6-1 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break- Even Point (LO 6-1, 6-2] Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 540 790 980 $ $ 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 $129,060 ? ? ? ? ? ? ? ? ? ? ? ? $ 528.75 ? ? 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. Required 1 Required 2 Required 4 Complete the table. (Round your "Cost per Unit" answers to 2 decimal pleases.) 540 Units 790 Units 980 Units $ 129,060 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 $ 129,060 $ 0 $ 0 $ 0.00 $ 528.75 $ 0.00 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 t assuming the company sells each bike for $830. (Round your percentage answers to 2 decimal places. (...12 entered as 12.34%.)) 540 Units 790 Units 980 Units % % Contribution Margin Ratio Total Contribution Margin Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Calculate Hermosa's break-even point in units and sales revenue. (Round your "Unit" and "Sales Revenue" ans nearest whole number.) Bikes Break-Even Units Break-Even Sales Revenue
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