Tims 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:

Product Type	Sales Price			Invoice Cost			Sales Commission
High-quality	$	1,200		$	650			$	70
Medium-quality		700			370				50

Three-quarters of the shops sales are medium-quality bikes. The shops annual fixed expenses are $138,600. (In the following requirements, ignore income taxes.) Required: 1. Compute the unit contribution margin for each product type. 2. What is the shops sales mix? 3. Compute the weighted-average unit contribution margin, assuming a constant sales mix. 4. What is the shops 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 $99,000? Assume a constant sales mix.

Compute the unit contribution margin for each product type.

Bicycle Type	Unit Contribution Margin
High-quality
Medium-quality

What is the shops sales mix?

Bicycle Type	Sales Mix
High-quality		%
Medium-quality		%

Compute the weighted-average unit contribution margin, assuming a constant sales mix. (Do not round intermediate calculations. Round your answer to 1 decimal place.)

Weighted-average unit contribution margin

What is the shops break-even sales volume in dollars? Assume a constant sales mix. (Do not round intermediate calculations.)

Break-even sales volume

How many bicycles of each type must be sold to earn a target net income of $99,000? Assume a constant sales mix.

Bicycle Type	Number of Bicycles
High-quality
Medium-quality

Required 3