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Q1: Alex's Bike company has sold 1250 bikes, for a total sales of $2,250,000. fixed expenses were $800,000 and variable expenses were $1,150,000.What is the

Q1: Alex's Bike company has sold 1250 bikes, for a total sales of $2,250,000. fixed expenses were $800,000 and variable expenses were $1,150,000.What is the contribution margin per bike?

Options:

A) $1160

B) $280

C) $160

D) $880

Q2: All this talk of job costing is critical for what?

Options:

A) Only for overhead resources costs

B) To make things simplistic

C) Mainly for manufacturing companies

D) Allocation of costs

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