Required: 1. Classify each cost and its amount as (a) either foxed or vanable and (b) either product or penod (The first cost is completed as an example) (Leave no cells blank - be certain to enter wherever required. Omit the "$" sign in your response.) Cost by Behavior Cost by Function Variable 12,000 Fixed Period Product 12,000 Costs 1. Plastic for casing 2. Wages of assembly workers 3. Property taxes on factory 4. Accounting staff salarios 5. Drum stands 6. Rent cost of equipment for sales staff 7. Upper management salaries 8. Annual flat fee paid for maintenance service 9. Sales commissions 10. Machinery depreciation Identify whether each description most likely applies to managerial or financial accounting 1. Its primary focus is on the organization as a whole. (Click to select) 2. Its principles and practices are very flexible Click to select) 3. It is directed at external users in making investment, credit, and other decisions. (Click to select) 4. Its primary users are company managers (Click to select) 5. Its information is often available only after an audit is complete. (Click to select)