(b) Classify the following costs into direct cost , indirect cost , fixed cost and variable cost in the following format: [ The cost are incurred by a bicycle manufacturing company] Put a Tick in the appropriate column. Costs Cost classification by variability Fixed Variable cost Cost Classification whether costs are direct cost or Indirect cost Direct Indirect Cost Cost i. Direct material costs L.e. the costs of raw materials or parts that go directly into producing products II. Direct labor costs l.e. the wages, benefits, and insurance that are paid to employees who are directly involved in manufacturing and producing the goods - for example, workers on the assembly line or those who use the machinery to make the products Ill. Factory maintenance iv. Factory depreciation v. Board's expenses vi. Audit fees vil. Salaries of CEO and CEO office staf vill. Sales office expenses ix. Production manager's salary X. Accounts office expenses