PA6-1 Calculating Contribution Margin, Contribution Margin Ratic, Break-Even Point LO 6-1, 6-2] Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows 840 920 Number of bikes produced and sold Total costs 480 Variable costs Fixed costs per year $115,200 Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 518.75 Required 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of bikes produced and sold 480 Units 840 Units 920 Units Total costs Variable costs $ 115,200 Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $518.75 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 $710. (Round your percentage answers to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) 480 Units 840 Units 920 Units Contribution Margin Ratio Total Contribution Margin 4. Calculate Hermosa's break-even point in units and sales revenue. (Round your answers to the nearest whole number) Break-Even Units Bikes Break-Even Sales Revenue