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Business, 16.10.2020 14:01 seider7997

Mountain Cycle specializes in making custom mountain bikes. The company founder, PJ Steffan, is having a hard time making the business profitable. Knowing that you have good business knowledge and solid financial sense, PJ has come to you for advice. Project Focus PJ would like you to determine how many bikes Mountain Cycle needs to sell per year to break even (Profit =0). Solve using the followings.

Fixed cost equals $65,000
Variable cost equals $1,575
Unit Bike price equals $2,500

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