Question: PA6-1 (Static) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point [LO 6-1, 6-2] Hermosa, Incorporated produces one model of mountain bike. Partial information for the

 PA6-1 (Static) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point [LO
6-1, 6-2] Hermosa, Incorporated produces one model of mountain bike. Partial information
for the company follows: Required: 1. Complete the toble: 2. Calculate Hermosa's
contribution margin ratio and its total contribution margin at each sales level

PA6-1 (Static) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point [LO 6-1, 6-2] Hermosa, Incorporated produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete the toble: 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level inidicated in the table assuming the company sells each bike for $650. 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. Complete the table. Note: Round your cost per unit answers to 2 decimal places. 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 $650. 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. Complete the table. Note: Round your cost per unit answers to 2 decimal places. 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 $650. 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. 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 $650. Note: Do not round your intermediate calculations. Round your percentage answers to 2 decimal places. (i.e, 0.1234 should be entered as 12.34%.). 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 $650. 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. Calculate Hermosa's break-even point in units and sales revenue. Note: Do not round your intermedlate calculations. Round your "Unit" and "Sales Revenue" answers to the nearest whole number

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