Exercise $7-29$ Retail; CVP Analysis with Multiple Products $($LO $7-1,7-2,7-5)$

Tim's Bicycle Shop sells $21-$speed bicycles. For purposes of a cost$-$volume$-$profit analysis, the shop owner has divided sales into two categories, as follows:

$\backslash$table$[[$Product Type,Sales Price,Invoice cost,Sales Commission$],[$High$-$quality,$$1,850,$$$840,$$$100$