PA6-1 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point [LO 6- 1,6-2] Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: Number of bikes produced and sold 470 760 910 Total costs Variable costs $111,860 $ ? $ 2 Total costs Fixed costs per year Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 7 ? 7 ? ? ? ? 7 ? ? 2 ? $514.75 7 Required: 1. Complete the table. 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated in the table assuming the company sells each bike for $680. 4. Calculate Hermosa's break-even point in units and sales revenue. Required 1 Required 2 Required 4 Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of bikes produced and sold 470 Units 760 Units 910 Units Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 111,860 $ 514.75 Required 1 Required 2 Required 4 Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated in the table assuming the company sells each bike for $680. (Round your percentage answers to 2 decimal places. (.e. .1234 should be entered as 12.34%.)) Contribution Margin Ratio Total Contribution Margin 470 Units 760 Units 910 Units % % % Required 1 Required 2 Required 4 Calculate Hermosa's break-even point in units and sales revenue. (Round your "Unit" and "Sales Revenue" answers to the nearest whole number.) Break-Even Units Break-Even Sales Revenue Bikes