Question 5: A company manufactures and sells bicycles for 55 each. They plan to sell...
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Question 5: A company manufactures and sells bicycles for 55 each. They plan to sell 4,500 bicycles in the coming twelve months. The variable and fixed manufacturing costs of making the bicycles are estimated at 31 per bicycle and 84,000 respectively. Indicate which of the following statements is correct: A. The breakeven point is 4,500 bicycles and the margin of safety is o bicycles. B. The margin of safety is 300 bicycles and the breakeven point is 4,800 bicycles. C. The breakeven point is 3,300 bicycles and the margin of safety is 1,200 bicycles. D. The margin of safety is 1,000 bicycles and the breakeven point is 3,500 bicycles
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