Vicious Cycle, Inc., produces and sells 2,000 bikes. Selling price per unit Variable cost per unit $4,000 $800 Annual fixed cost $500,000 What is the company's contribution margin per unit? (Round to the nearest cent.)

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Vicious Cycle, Inc., produces and sells 2,000 bikes.
$4,000
Selling price per unit
Variable cost per unit
$800
Annual fixed cost
$500,000
What is the company's contribution margin per unit? (Round to the nearest cent.)
Transcribed Image Text:Vicious Cycle, Inc., produces and sells 2,000 bikes. $4,000 Selling price per unit Variable cost per unit $800 Annual fixed cost $500,000 What is the company's contribution margin per unit? (Round to the nearest cent.)
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