I only need help with question 4, the first picture is information

Business Description Daisy, a friend who is an excellent baker, has decided to open a cupcake store to sell gourmet cupcakes. Daisy has asked you if you will be willing to loan the company $50,000 at an interest rate of 4% that will be paid back over 5 years. tThe business is scheduled to launch on January 1, 2019. Daisy has provided you with the following cost information. Cost information: 1 Cost of goods sold: 2 Daisy has found a fully equipped commercial kitchen near downtown with a store 3 Utilities will be $125 per month. a. Ingredients are .30 per cupcake b. Cupcake Cups are .01 per cupcake front that will be rented for $1,000 per month. On average one person can make, bake, and decorate 36 cupcakes per hour. Bakers are paid $18.00 per hour. A worker will be needed for the store front to sell the cupcakes. Daisy plans to open the store 7 days per week from 11:00 AM until 7:00 PM. Sales people will be paid $9.00 per hour. Business i Advertising costs are expected to be $3,600 per year. 4 5 e is t a cost of $750 per year. 6 7 equirements: sing separate tabs in a spreadsheet, provide your answers for the following. What and how much are the variable costs? Present each item in cost per cupcake basis (5 points). What and how much are the fixed costs? Present each item in total cost per year (5 points). Write out the annual cost formula in Y = a + bX format (5 points). You want to help Daisy set a selling price for the cupcakes. Research who the competition is and at what price they are selling gourmet cupcakes. Provide the detailed information for at least 3 competitors. Set a target price for Daisy's cupcakes so that the business is competitive and the costs will be covered with a reasonable profit based on the expectation that 30,000 cupcakes will be sold annually (10 points). Develop a price using cost-based pricing assuming that Daisy expects to sell 30,000 cupcakes the first year with a 15% profit (10 points). 1 2 3 4 2 5