Hermosa, Incorporated produces one model of mountain bike. Partial information for the company follows: 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 Required: 470 $ 115,150 780 57 ? 7 ? $519.75 1,000 $7 7 2

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 19MC: A company sells two products, Model 101 and Model 202. For every one unit of Model 101, they sell...
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Hermosa, Incorporated produces one model of mountain bike. Partial information for the company follows:
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
Required:
1. Complete the table.
470
$ 115,150
con
780
57
?
$ $19.75
1,000
57
ition maroin at each
7
2
7
level indlic
In the table assumir
Transcribed Image Text:Hermosa, Incorporated produces one model of mountain bike. Partial information for the company follows: 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 Required: 1. Complete the table. 470 $ 115,150 con 780 57 ? $ $19.75 1,000 57 ition maroin at each 7 2 7 level indlic In the table assumir
Complete this question by entering your answers in the tabs below.
Required 1 Required 2 Required 4
Complete the table.
Note: Round your "Cost per Unit" answers to 2 decimal places
Number of bikes produced and sold
470 Units
760 Units
1000 Units
Transcribed Image Text:Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Complete the table. Note: Round your "Cost per Unit" answers to 2 decimal places Number of bikes produced and sold 470 Units 760 Units 1000 Units
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