55. Lorenzo operates a brushless car wash. Incoming cars are put on an automatic, continuously moving conveyor belt. Cars are washed as the conveyor belt carries the cars from the start station to the finish station. After the car moves off the conveyor belt, the car is dried manually. Workers then clean and vacuum the inside of the car. Lorenzo serviced 50,000 cars in 2018. Lorenzo reports: Account Description A. Hourly labour Cost $320,000 $84,000 B. Depreciation C. Rent $380,000 D. Electric power to move conveyor belt $172,000 E. Soap, cloth, and supplies $106,000 F. Salaries $105,000 $124,000 G. Water 1. Classify each account as variable (V) or fixed (F) with respect to cars washed. (7 marks) A B. C D. E F. G. 2. What is the variable cost per unit in 2018? Show work. (2 marks) 3. Lorenzo expects to wash 60,000 cars in 2019. Use the cost classification developed in requirement 1 to estimate Lorenzo's total costs in 2019. Depreciation is computed on a straight-line basis and there will be no change to other fixed costs. Show work