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How Do I Answer These Questions In Managerial Accounting?

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In’s Bicycle Shop sells 21 – speed bicycles. For purposes of a cost- volume_profit analysis, the shop owner Has divided sales into two
ategories . as follows :
Sales Price\
Invoice
Sales
Product Type
Cost
Comma = $ 1 on
High – quality
$ 1 , 858
6.840
$ 10 0
Medium- quality
920
62 8
40
Three -quarters of the shop’s sales are medium -quality bikes. The shop’s annual fixed expenses are $2 /0 400’n the following
requirements , ignore income taxes . !`
Required :quot;
1 . Compute the unit contribution margin for each product type
2. What is the shop’s sales mix ?
3 . Compute the weighted-average unit contribution margin , assuming a constant sales mix.
4 . What is the shop’s break – even sales volume in dollars ? Assume a constant sales mix*
5 . How many bicycles of each type must be sold to earn a target net income of $126 7 50 ? Assume a constant sales mixManagerial Accounting