EXERCISE ON BREAK EVEN ANALYSIS Vance Legstrong, a former professional athlete, starts his own company manufacturing top of the range mountain bikes. You have been appointed as the accountant for the company. The following information is available for the next quarter. Expected sales 600 Mountain bikes Selling price $2,500 per mountain bike Variable costs Fixed costs $1,750 per mountain bike $300,000 (TREAT EACH PART INDEPENDENTLY) Required 1. 2. What is the break even point (in units) for the next quarter? 750x-300,000-0 x=400 What is the break even point (in dollars) for the next quarter? B