1. atlas corporation sells 100 bicycles during a month. the contribution margin per bicycle is $200. the monthly fixed expenses are $8,000. compute the profit from the sale of 100 bicycles
a. $12,000
b. $10,000
c. $20,000
d. $8,000

2. 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?
a. $500
b. $300
c. $200
d. $20,200

The answers are:

Explanation:

1) To calculate the profit of Atlas corporation we use the following formula:

Profit = (contribution margin x units sold) - fixed expenses =

Profit = $20,000 - $8,000 = $12,000

2) We must calculate the contribution margin of one bicycle using the following formula:

contribution margin (1 bike) = selling price p/unit - variable expenses p/unit =

contribution margin (1 bike) = $500 - $300 = $200

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

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