80.2K
Verified Solution
Link Copied!
Maria Corp. is considering the introduction of a new bicycle with the following price and cost characteristics:
Sales prince . $250 per unit
Variable costs .. 110 per unit
Fixed costs . 10,000 per month
How many bikes does Maria Corp. need to sell per month to break even? Round up to the nearest bike.
Group of answer choices
There is not enough information to answer this question.
72 bikes.
85 bikes.
34 bikes.
Answer & Explanation
Solved by verified expert