Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for...
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Accounting
Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $490 and has a unit contribution margin of $200; the Adult model sells for $1,040 and has a unit contribution margin of $545; and the Recreational model sells for $1,190 and has a unit contribution margin of $595. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,690,000, calculate the firm's contribution margin per composite unit.
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