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 Sales Invoice Price Product Type High-quality Medium-quality Cost $790 570 Sales Commission $90 30 870 Three-quarters of the shop's sales are medium-quality bikes. The shop's annual fixed expenses are $277,200. (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 mi:x 5. How many bicycles of each type must be sold to earn a target net income of $126,000? Assume a constant sales mix