QUESTION 1 1. (a) Identify the cost below as either variable, fored or moed, (h) Provide clear support for your responses 5 Points a. Salary for VP of Sales b. Water bill for manufacturing plant c. Straight-ine method depreciation on the headquarters building d. Oil used to cook the potatoes that are becoming chips 2. Douglas Beaman reports that the highest month of telephone costs for his business is October The total costs was $1,165 and the total long distance calis (LDCs) was 2000. The lowest month of tolephone costs in May when the total cost was 5660 and there were 875 LDC long distance cas Beaman has asked you to estimate the utility cost for July if the projected LDCs is 1,438 LDC Show all computation 5 Points 3. Kevn is asking for your help in determining the cost structure of his garage based custom cabinet building company He provides the following information Utility 5500/month Depreciation on Saws and other equipment $ 350/month Advertising $ 50 month Material wood pantothen Sabinet Director Sabinet Indirect labor Scabinet Kevin charges 5250 per cabinet Requiredbe sure to be ALL relevant amounts and calculations) 10 Point Ade Kevin on how many cabinets he should build sell per the business will be event Whateve decides to raise the price of the cabinets to show will your answer to change? Before making the price charge what should think about and regarding to be see