Question: THIS Window shows your responses and what was marked correct and incorrect from your previous attempt. Hermosa, Inc., produces one model of mountain bike. Partial

 THIS Window shows your responses and what was marked correct and

THIS Window shows your responses and what was marked correct and incorrect from your previous attempt. Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows 1 470 850 1,000 $117,030 $ 5.3/10 points awarded $ ? Number of bikes produced and sold 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 2 ? 2 7 2 ? $532.75 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 $690. 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. 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 $690. (Round your percentage answers to 2 decimal places. (.e. 1234 should be entered as 12.34%.)) Contribution Margin Ratio Total Contribution Margin 470 Units 74,06% 334,170 850 Units 74.06 % 604,350 1000 Units 74.05 % 711,000 $ Required 1 Required 4 >

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