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A newconnect.mheducation.com Outlook Answered: Cove's Cakes is a local bakery. Pric... HW #5 (Chapter 6) Wa apter 6) 6 Saved ny iv IVTJ. Number of bikes produced and sold 470 770 930 Total costs Variable costs Fixed costs per year Total costs $117,030 %24 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $529.75 Required: 1. Complete the table. 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level ind the company sells each bike for $810. 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 Complete the table. (Round your "Cost per Unit" answers to 2 decimal places. Number of bikes produced and sold 470 Units 770Units 930 Units Total costs Variable costs 117,030 Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 529 75 < Prev 7 of 7 Next %24 %24 %24

A newconnect.mheducation.com Outlook Answered: Cove's Cakes is a local bakery. Pric... HW #5 (Chapter 6) Wa apter 6) 6 Saved ny iv IVTJ. Number of bikes produced and sold 470 770 930 Total costs Variable costs Fixed costs per year Total costs $117,030 %24 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $529.75 Required: 1. Complete the table. 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level ind the company sells each bike for $810. 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 Complete the table. (Round your "Cost per Unit" answers to 2 decimal places. Number of bikes produced and sold 470 Units 770Units 930 Units Total costs Variable costs 117,030 Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 529 75 < Prev 7 of 7 Next %24 %24 %24

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A newconnect.mheducation.com Outlook Answered: Cove's Cakes is a local bakery. Pric... HW #5 (Chapter 6) Wa apter 6) 6 Saved ny iv IVTJ. Number of bikes produced and sold 470 770 930 Total costs Variable costs Fixed costs per year Total costs $117,030 %24 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $529.75 Required: 1. Complete the table. 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level ind the company sells each bike for $810. 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 Complete the table. (Round your "Cost per Unit" answers to 2 decimal places. Number of bikes produced and sold 470 Units 770Units 930 Units Total costs Variable costs 117,030 Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 529 75 < Prev 7 of 7 Next %24 %24 %24
Transcribed Image Text:A newconnect.mheducation.com Outlook Answered: Cove's Cakes is a local bakery. Pric... HW #5 (Chapter 6) Wa apter 6) 6 Saved ny iv IVTJ. Number of bikes produced and sold 470 770 930 Total costs Variable costs Fixed costs per year Total costs $117,030 %24 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $529.75 Required: 1. Complete the table. 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level ind the company sells each bike for $810. 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 Complete the table. (Round your "Cost per Unit" answers to 2 decimal places. Number of bikes produced and sold 470 Units 770Units 930 Units Total costs Variable costs 117,030 Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 529 75 < Prev 7 of 7 Next %24 %24 %24
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