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Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $460 and has a unit contribution margin of $145; the
Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $460 and has a unit contribution margin of $145; the Adult model sells for $930 and has a unit contribution margin of $490; and the Recreational model sells for $1,240 and has a unit contribution margin of $540. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,580,000, calculate the firm's contribution margin ratio per composite unit (rounded to the nearest whole percentage). Multiple Choice O 32% 46% O 53% 216% O 41%
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