Question: (d) Refer to part (c), classify each example of material costs, labor costs and other costs into the following categories and apply the concepts you

(d) Refer to part (c), classify each example of material costs, labor costs and other costs into the following categories and apply the concepts you have described at part (a) to support your decision. (i) Direct material Direct labor Factory Overhead (20 marks) (ii) For factory overhead at part (i) above, classify each of them into (12 marks) Variable costs and Fixed costs. Individual Assignment: Continue from group assignment questions: (e) Refer to your answers at part (d), select any TWO (2) of the following . Variable costs changed to fixed costs (20 marks) . Fixed costs changed to variable costs - (20 marks) . Direct costs changed to indirect costs (20 marks) . Indirect costs changed to direct costs. (20 marks) (f ) For each of your selected items, research and perform a simple analysis on the factors (can be internal or external) that trigger the change. Variable Costs Fixed Costs (Total=40 marks) - Commissins . - Salaries

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