A bicycle manufacturer makes 100 bikes a week. It has the following costs: 

● Rent – £1,000 per week 

● Admin – £1,000 per week 

● Interest – £500 per week 

● Materials – £100 per bike 

● Wages – £50 per bike 

● Power – £10 per bike. 

For each week calculate the fixed cost

Answer rating: 100% (QA)

NJ fixed P190 1000 1000 500 materials 100 X 100 M ... View the full answer