Tim's Bicycle Shop sells $21-$speed bicycles. For purposes of a cost$-$volume$-$profit analysis, the shop owner has divided sales into two categories, as follows:

$\backslash$table$[[$Product Type,Sales Price,Invoice Cost,$\backslash$table$[[$Sales$],[$Commission$]]],[$High$-$quality,$ $1,650,$$ $740,$$ $80],[$Medium$-$quality,$820,520,20]]$

Three$-$quarters of the shop's sales are medium$-$quality bikes. The shop's annual fixed expenses are $$258,850.($In the following requirements, ignore income taxes.$)$

Required:

Compute the unit contribution margin for each product type.

What is the shop's sales mix?

Compute the weighted$-$average unit contribution margin, assuming a constant sales mix.

What is the shop's break$-$even sales volume in dollars? Assume a constant sales mix.

How many bicycles of each type must be sold to earn a target net income of $$125,250?$ Assume a constant sales mix.

Complete this question by entering your answers in the tabs below.

Required $2$

Required $3$

Required $4$

Required $5$

Compute the unit contribution margin for each product type.

$\backslash$table$[[$Bicycle Type,$\backslash$table$[[$Unit Contribution$],[$Margin$]]],[$High$-$quality,$],[$Medium$-$quality,$]]$