Question

Atlas Corporation sells 100 bicycles during a month. The contribution margin per bicycle is $200. The...

Atlas Corporation sells 100 bicycles during a month. The contribution margin per bicycle is $200. The monthly fixed expenses are $8,000. What is the profit from the sale of 100 bicycles?

  • $12,000

  • $10,000

  • $20,000

  • $8,000

Knowledge Check 02

Atlas Corporation sells 100 bicycles during a month at a price of $500 per unit. The variable expenses amount to $300 per bicycle. How much does profit increase if it sells one more bicycle?

  • $500

  • $300

  • $200

  • $20,200

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