PA6-1 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: 530 790 $ 122,960 $ ? S 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 $ 521.75 Required: 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) 530 Units 790 Units 920 Units Number of bikes produced and sold Total costs Variable costs $ 122,960 Fixed costs per year Total costs $ 122,960 $ 0 $ Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 0.00 $ 521.75 $ 0.00 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 $720. (Round your percentage answers to 2 decimal places. (i.e. 1234 should be entered as 12.34%.)) 530 Units 790 Units 20 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.) Break-Even Units Bikes Break-Even Sales Revenue