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: les Price Invoice Cost Sales Commission $1,950 $1,950 $890 High-quality Medium-quality Three quarters of the shop's sales are medium-quality bikes. The shop's annual fixed expenses are $289.000. (In the following requirements, ignore income taxes.) Required: 1. Compute the unit contribution margin for each product type. 2. What is the shop's sales mix? 3. Compute the weighted average unit contribution margin, assuming a constant sales mix. 4. What is the shop's break-even sales volume in dollars? Assume a constant sales mix 5. How many bicycles of each type must be sold to earn a target net income of $127,500? Assume a constant sales mix, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 How many bicycles of each type must be sold to earn a target net income of $127,500? Assume a constant sales mix. Bicycle Type Number of Bicycles Medium-quality