Instructions:

The company manufactures durable multi$-$purpose widgets and sells them to retail stores. The firms rent's a warehouse at an

annual cost of $$50,000$ and employes laborers. Laborers produce the widgets In the firm's factory at a cost of $$3$ per unit. The

firm purchased machinery for $$80,000$ which has an annual depreciation cost of $$15,000.$ Additionally, The Widget Maker must

maintain insurance to operate at a cost of $$10,000$ per year. To maintained the machinery, the company has a labor contract

with an outside company Stan's Machine Repair. Stan's charges the company $$1,000$ per year. In addition, The Widget Maker

must keep their machines well oiled. The cost is $20$ cents per widget. Widgets are manufactured using raw materials that cost

$$5$ per widget and then packaged at a cost of $50$ cents per widget. Lastly, the firm pays salaries to its factory supervisor in the

amount of $$120,000$ and monthly utilities of $$500$ or $$6,000$ annually. The machinery increases the utility cost by $30$ cents per

widget manufactured. First, classify costs are fixed, variable, or mixed.