The selling price of a Road King bicycle is $700,unit variable costs are $350,and total fixed costs are $12,600.How many bicycles will Road King need to sell to breakeven?

Name: The selling price of a Road King bicycle is $700,unit variable costs are $350,and total fixed costs are $12,600.How many bicycles will Road King need to sell to breakeven?
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Question

Quizplus · Accepted Answer

C)
Sales $700
Less Variable costs 350
= Contribution Margin $350
Fixed expenses $12,600 divided by Contribution Margin $350 = 36 BE units

The Selling Price of a Road King Bicycle Is $700,unit