Using the following information for Bicycleco, answer the questions below.

	January	February	March
# bicycles produced	400	500	650
Depreciation	$3000	$3000	$3000
Labor	$18,000	$22,000	$28,000
Wheels	$8000	$10,000	$13,000

1. Identify each of the above costs as fixed, mixed, or variable.
2. Create equations for each cost.
3. If Bicycleco sells bikes for $2000 each and sells all the bikes produced each month, create CFISes for each month above.
4. Calculate breakeven for Bicycleco. Is your calculation likely to be in the relevant range? Why or why not?
5. If Bicycleco wants to earn $800,000 after tax and the tax rate is 30%, how many bicycles must Bicycleco sell?