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Paco's Bikes Sells 120 Bicycles Each Month for $400 Per

Question 16

Multiple Choice

Paco's Bikes sells 120 bicycles each month for $400 per unit.Variable cost per unit is $160 and fixed costs total $4,800 per month.What is the contribution margin per unit?


A) $160
B) $280
C) $200
D) $240
E) None of the answer choices is correct.

Correct Answer:

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