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) [4 Marks] Calculate how many bicycles the company produces annually. Q 1(b) [4 Marks] Calculate the annual gross profit of the company at the production volume from Ql(a). Q 1(c) Calculate the unit cost of a bicycle. [4 Marks] [4 Marks] Q 1(d) Calculate how many bicycles the company has to produce annually in order to break even