Tim's Bicycle Shop sells $21-$speed bicycles. For purposes of a cost$-$volume$-$profit analysis, the shop owner has divided sales into two Required $1$

Required $4$

Required $5$

How many bicycles of each type must be sold to earn a target net income of $$98,250?$ Assume a constant sales mix.

categories, as follows:

Three$-$quarters of the shop's sales are medium$-$quality bikes. The shop's annual fixed expenses are $$150,650.($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 $$98,250?$ Assume a constant sales mix.

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Required $1$

Required $2$

Required $3$

Required $4$

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

Note: Do not round intermediate calculations.

JUST DO $4$ & $5$