Unreal Bikes produce mountain bicycles and sells it at $1,500 per bicycle? This year's fixed cost totals
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Question:
Unreal Bikes produce mountain bicycles and sells it at $1,500 per bicycle? This year's fixed cost totals $525,000. The variable cost per bicycle is $1,000.
Required:
1) Calculate the contribution margin per unit?
2) Calculate the break-even point in bikes?
3) How many bikes would the business need to sell in the coming year in order to make $900,000 profit?
Related Book For
Managerial Accounting
ISBN: 978-1259024900
9th canadian edition
Authors: Ray Garrison, Theresa Libby, Alan Webb
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