undefined

Rhonda's Specialty Bicycle Shop sells 18-speed bicycles. For the purpose of a CVP analysis that I would like performed by you, I am dividing sales into the following 2 categories: Product Type Sales Price Invoice Cost Sales Commission High-Quality $500 $275 $25 Medium-Quality $300 $135 $15 Three quarters of my shops sales are of medium quality bikes. My annual fixed expenses are $65,000. Please ignore income taxes in performing this analysis for me. What I require of you is the following: 1. What is my unit contribution margin for each product type individually? (3 points) 2. What is the shops sales mix? (1 point) 3. Tell me what my weighted average contribution margin is, please assume a constant sales mix. (4 points) 4. Assuming a constant sales mix, what is my break-even point going to be? (4 points) 5. Lastly, I really need to make net income of $48,750 this year, so, how many of each type of bike do I need to sell? Again, please assume that I have a constant sales mix. (4 points)