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In a bicycle manufacturing company the annual fixed cost is 45,000 and the annual total cost is 60,000. The variable cost for each bicycle is
In a bicycle manufacturing company the annual fixed cost is 45,000 and the annual total cost is 60,000. The variable cost for each bicycle is 50 and the sale price of a bicycle is 200. Q 1(a) Calculate how many bicycles the company produces annually. Q 1(b) Calculate the annual gross profit of the company at the production volume from Ql(a). Q1(c) Calculate the unit cost of a bicycle. Q 1(d) Calculate how many bicycles the company has to produce annually in order to break even
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