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Maria Corp. is considering the introduction of a new bicycle with the following price and...

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Accounting

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
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