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CyclePath is a bike repair shop along the side of a popular trail in West Virginia. The company purchases an air pump for $1,200
CyclePath is a bike repair shop along the side of a popular trail in West Virginia. The company purchases an air pump for $1,200 to repair tires with an estimated useful life of 5 years. Other anticipated costs are below. It expects to have 100 customers each month. Selling Price Other Operating Expenses Depreciation Expense Assistant's Wages Calculate the budgeted contribution margin per customer on the contribution margin income statement. $60 per customer $50 per month $20 per month $20 per customer CyclePath is a bike repair shop along the side of a popular trail in West Virginia. The company purchases an air pump for $1,200 to repair tires with an estimated useful life of 5 years. Other anticipated costs are below. It expects to have 100 customers each month. Selling Price Other Operating Expenses Depreciation Expense Assistant's Wages Calculate the company's budgeted total fixed cost on the monthly contribution margin income statement. $60 per customer $50 per month $20 per month $20 per customer
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