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HELP! Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $410 and has a unit contribution margin of $160;
HELP! Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $410 and has a unit contribution margin of $160; the Adult model sells for $960 and has a unit contribution margin of $505; and the Recreational model sells for $1,110 and has a unit contribution margin of $555. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,610,000, calculate the firm's selling price per composite unit.
Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $410 and has a unit contribution margin of $160; the Adult model sells for $960 and has a unit contribution margin of $505; and the Recreational model sells for $1,110 and has a unit contribution margin of $555. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,610,000, calculate the firm's selling price per composite unit. Multiple Choice $1,530. o $17,350. o $10,325. o $2390 CStep by Step Solution
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