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Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for...

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Accounting

Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $460 and has a unit contribution margin of $185; the Adult model sells for $1,010 and has a unit contribution margin of $530; and the Recreational model sells for $1,160 and has a unit contribution margin of $580. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,660,000, calculate the firm's selling price per composite unit.

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