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30 November, 10:08

A bicycle store cost $2400 per month to operation. Do you store pays an average of $60 per bike do you store pays an average of $60 per bike. The average selling price of a bicycle is $120. How many bicycles master store sell each month to break even?

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  1. 30 November, 12:15
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    Profit per bike = sale price minus cost or $120 - $60 = $60

    $2400 overheard per month / $60 profit per bike = 40 bikes to pay overhead.
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