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PA6-1 Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point [LO 6-1, 6-2] Hormosa, Inc..produces one modal of mountain biko. Partial information for the company follows
PA6-1 Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point [LO 6-1, 6-2] Hormosa, Inc..produces one modal of mountain biko. Partial information for the company follows Number of bikes produced and sold Total costs 480 790 970 $113,280 Variable costs Fboed costs per year Total costa Cost per unit Variable cost per unit Flxed cost per unit Total cost per unit $ 528.75 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) of bikes produced and sold 480 Units Units 970 Units Total cost Variable costs $ 113.280 Flxod costs por year Total costs Cost per unit Vaniable cost per unit Fixed cost per unit Total cost per unit $ 528.75 2. Calculato Hermosas contr bution margin ratio and its al contribution arg n a oach sa s lo l indicato n h abl assuming ho oor any solls oach biko or $760 Round your percentage answers to 2 decimal Places 1234 should bo on ored as 12.34% 480 Units 790 Units 970 Units Contribution Margin Raso Total Contibution Margin 4 Calculato Hermosa's broak-even point in units and sales ravenue. (Round your answers to the nearest whole number.) Break-Even Units Bikes Salea RevenuD
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