Bottas has collected a laundry list of costs that he thinks will be relevant to the income statement projections for the company. He estimates that of the costs provided 30% are indirect and 70% are direct costs. Total Figures Mountain Bike Road Bike Tandem Bike Bottas labour time Avg. 45 hours per week 3.5 hours 4.2 hours 6 hours Limano parts with shipping and duties Annual contract cost of $25,000 $450 $675 $730 Rent on Store $60 per sq ft. Utilities and Electricity $1,800 per month Annual depreciation on bike assembly equipment $115,000 Inspection time 1.5 hours 2.00 hours 2.50 hours Cost per inspection $100 $100 $100 Inventory management costs $70,000 Customer service and advice $35,000 Office Telephone and Services $100 per month Legal and administrative fees $3,000 per month Appendix for Bottas Bikes