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Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: ...

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Accounting

Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows:

Number of bikes produced and sold 460 790 980
Total costs
Variable costs $ 111,780 $ ? $ ?
Fixed costs per year ? ? ?
Total costs ? ? ?
Cost per unit
Variable cost per unit ? ? ?
Fixed cost per unit ? ? ?
Total cost per unit ? $ 534.75 ?

1. Complete the Table:
Number of bikes produced and sold 460 Units 790 Units 980 Units
Total costs
Variable costs $111,780
Fixed costs per year
Total costs $111,780 $0 $0
Cost per unit
Variable cost per unit
Fixed cost per unit
Total cost per unit $0.00 $534.75 $0.00

2. Calculate Hermosas contribution margin ratio and its total contribution margin at each sales level indicated in the table assuming the company sells each bike for $680

460 units

790 units

980 units

3.

Calculate Hermosas break-even point in units and sales revenue. (Round your answers to the nearest whole number.)

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