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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows:      Number of bikes...

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Accounting

Hermosa, Inc., produces one model of mountain bike. Partialinformation for the company follows:

    
Number of bikes produced and sold490830980
Total costs
Variable costs$119,560$?$?
Fixed costs per year???
Total costs???
Cost per unit
Variable cost per unit???
Fixed cost per unit???
Total cost per unit?$518.75?

     
Required:
1. Complete the table. (Roundyour "Cost per Unit" answers to 2 decimalplaces.)


  
2. Calculate Hermosa’s contribution margin ratioand its total contribution margin at each sales level indicated inthe table assuming the company sells each bike for $660.(Round your percentage answers to 2 decimal places. (i.e..1234 should be entered as 12.34%.))



4. Calculate Hermosa’s break-even point in unitsand sales revenue. (Round your answers to the nearest wholenumber.)

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