QUESTION 1 1. (a) Identify the costs below as either variable, fixed, or mixed, AND (b) thoroughly and clearly support your responses 5 points a Cell phone bill of the sales force b. Paint used to paint the tractors on the assembly line c. Activity method depreciation on painting equipment d. Utility expense on factory 2. Thus far in 2019, the highest month of utlity costs for Farrow Company is April when the total cost was $0,240 and the total electricity usage was 16,000 kilowatts (KWH). The lowest month of utility costs is August where total cost in $5,280 and electricity usage is 7,000 KWH. Estimate the utility cost for November if the utility usage is estimated to be 11,500 KWHs. Show all computations. 5 points 3. Phyllys asking for your help in evaluating the financial potential of her home-based, custom baking company. She provided the following information: 10 points Insurance $1,000/month Depreciation on baking equipment $ 700/month Advertising $ 100/month Material (baking ingredients) $6/cake Direct labor $5/cake Indirect labor $1/cake Phylly charges $25 per cake. Required: (Be sure to label ALL relevant amounts and calculations) a Advise Phyllys on how many cakes she should bake/sell per month so that her business will be at break even b What if Phyllys decides to raise the price of the cakes to $27.50 per cake? How will your answer to 1 changes? c. Before making the price change, what should Phyly think about and consider regarding her business? Be specific