A bicycle business wants to understand more about their business costs and have asked you to step in and help. Their monthly costs are detailed below: store lease payment is $5,800 per month, utilities are $1,550, with internet service at $1,225. Business insurance is $580, and they are currently spending on average $14,500 on digital marketing and advertising. They have a monthly budget for salaried employees of $22,000. The component cost per XRC bike is $576 and are currently offering a $50 rebate. Last month, they sold 1,750 bikes. They currently feel that the right price is $1,300, but that is based only on instinct. They would like advice from you:

*Note - Round to the nearest cent ie $10.45 or to 1 decimal place for percentages ie 14.3%

What is the current total fixed cost per month?

What is the current per unit fixed cost per month?

What is the current total variable cost per month?

Calculate the mark-up on cost of the XRC bike

What is the break-even units (#)?