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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
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 820 970 Number of bikes produced and soild Total costs 460 $114,080 Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 523.75 Required 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places) r of bikes produced and sold 460 Units 820 Units 970 Units Total costs Variable costs S 114,080 Fxed costs per yoar Total costs Cost per unit Variable cost per unt Fxed cost per unit Total cost per unt 523.75
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