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6 value 2.50 points PA6-1 Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point [LO 6-1,...

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Accounting

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6 value 2.50 points PA6-1 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 490 850 Number of bikes produced and sold Total costs 980 $117,110 Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $516.75 Required 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of bikes produced and sold 490 Units 850 Units 980 Units Total costs Variable costs $ 117,110 Fixed costs per year Total costs S 117,110$ Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 0.00$ 516.75S 0.00

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