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A bicycle manufacturer makes 100 bikes a week. It has the following costs: Rent 1,000 per week Admin 1,000 per week

A bicycle manufacturer makes 100 bikes a week. It has the following costs: 

● Rent – £1,000 per week 

● Admin – £1,000 per week 

● Interest – £500 per week 

● Materials – £100 per bike 

● Wages – £50 per bike 

● Power – £10 per bike. 

For each week calculate the fixed cost

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