Answer: 50 bicycles
Step-by-step explanation:
The breakeven quantity is the amount that must be sold to bring the profit to zero.
You can use the following formula to calculate it:
= Fixed cost / Contribution margin
Fixed cost= $4,500 per month to operate
Contribution margin = Selling price - Variable cost = 155 - 65 = $90
Breakeven = 4,500 / 90
= 50 bicycles
448 films. You get the answer by multiplying 700 by 64%
Answer:
18 meters
-1/3
The common difference is how much it goes up by with each new number, so you can see that each time it goes down by 1/3. This means that the common difference is -1/3.
