Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2017 9: (Click the icon to see the account classification.) Account Direct materials Direct manufacturing labour Power Supervision labour Materials-handling labour Maintenance labour Depreciation Rent, property taxes, and administration Classification Amount All variable $ 320,000 All variable 240,000 All variable 40,000 20% variable 68,000 40% variable 60,000 45% variable 80,000 0% variable 90,000 0% variable 125,000 Benoit, Inc., produced 80,000 units of product in 2017. Benoit's management is estimating costs for 2018 on the basis of 2017 numbers. The following additional information is available for 2018. (Click the icon to see the additional information.) a. Direct materials prices in 2018 are expected to increase by 8% compared with 2017 b. Under the terms of the labour contract, direct manufacturing labour wage rates are expected to increase by 12% in 2018 compared with 2017 c. Power rates and wage rates for supervision, materials handling, and maintenance are not expected to change from 2017 to 2018. d. Depreciation costs are expected to increase by 5%, and rent, property taxes, and administration costs are expected to increase by 10%. e. Benoit expects to manufacture and sell 85,000 units in 2018. 1. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2018. Estimate total manufacturing costs for 2018. 2. Calculate Benoit's total manufacturing cost per unit in 2017 and estimate total manufacturing cost per unit in 2018. 3. How can you obtain better estimates of fixed and variable costs? Why would these better estimates be useful to Benoit? Requirement 1. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2018. Estimate total manufacturing costs for 2018. (Round any intermediary calculations to the nearest cent and final answers to the nearest dollar. Complete all answer boxes. Enter a zero if the account does not have a balance.) in 2018 Account Direct materials Direct manufacturing labour Power Supervision labour Materials-handling labour Maintenance labour Depreciation Rent, prop, taxes, and admin. costs in 2018 costs in 2018 $ 367,200 $ 0 285,600 42,500 14,450 54,400 25,500 36,000 38,250 44,000 94,500 137,500 773,500 $ 366,400 Total