Answer the ff

II. Listed below are costs found in various organizations. 1. Property taxes, factory 2. Boxes used for packaging detergent produced by the company. 3. Salespersons' commissions 4. Supervisor's salary, factory 5. Depreciation, executive autos 6. Wages of workers assembling computers 7. Insurance, finished goods warehouses 8. Lubricants for production equipment 9. Advertising costs 10. Microchips used in producing calculators 11. Shipping costs on merchandising sold 12. Magazine subscriptions, factory lunchroom 13. Thread in a garment factory 14. Billing costs 15. Executive life insurance 16. Ink used in textbook production 17. Fringe benefits, assembly-line workers 18. Yarn used in sweater production 19. Wages of receptionist, executive offices 20. Salaries of personnel who work in the finished goods warehouse Required: Prepare an answer sheet with column headings as shown below. For each cost item indicate whether it would be variable or fixed with respect to the number of units produced and sold; and then whether it would be selling cost, an administrative cost or a manufacturing cost. If it is a manufacturing cost, indicate whether it would typically be treated as a direct cost or indirect cost with respect to units of product. Period Cost Manufacturing (Product) Cost Cost Items Variable (V) Selling Cost Administrative Direct Cost Indirect Cost or Fixed (F) Cost