Requirement 2:

Calculate Overhill’s contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $650. (Round your answers to 2 decimal places. Omit the “%” sign in your response.)

500 Units 800 Units 1,000 Units
Total contribution margin $ $ $
Contribution margin ratio % % %

Requirement 3:

Calculate profit at each of the sales levels assuming a sales price of $650. (Negative amount should be indicated by a minus sign. Omit the “$” sign in your response.)

500 Units 800 Units 1,000 Units
Profit / Loss $ $ $