SERIAL PROBLEM Business Solutions (This serial problem begins in Chapter 1 and continues through most of the book.) SP 1 Santana Rey, owner of Business Solutions, decides to diversify her business by also manufacturing C2 C4 P2 computer workstation furniture. Required 1. Classify the following manufacturing costs of Business Solutions as either (a) variable (V) or fixed (F), and (b) direct (D) or indirect (I). Manufacturing Costs a. Variable or Fixed b. Direct or Indirect 1. Monthly flat fee to clean workshop 4. Glue to assemble workstation component parts....... RF 6. Electricity for workshop... 2. Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2018. Assume the following manufacturing costs: Direct materials: $2.200 Factory overhead: $490 Direct labor: $900 Beginning work in process: none (December 31, 2017) Ending work in process: $540 (January 31, 2018) Beginning finished goods inventory: none (December 31, 2017) Ending finished goods inventory: $350 (January 31, 2018) Check a coss s2 700 3. Prepare the cost of goods sold section of a partial income statement for Business Solutions for th month ended January 31, 2018