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Peters Bicycle company assembles M - 5 trail bikes that sell for $ 7 0 0 per bike. The materials and parts for each bike
Peters Bicycle company assembles M trail bikes that sell for $ per bike. The materials and parts for each bike cost $bike The overhead cost for operating his shop is $ per week. a What is the contribution margin for each bike sold? b What is the break even point in weekly sales? c How many bikes does he have to sell in a week to make $ profit?
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