CHAPTER 02 AN INTRODUCTION TO COST TERMS AND PURPOSES Assignment 01 Costs involved in the process are listed below. For each cost below, indicate whether it is a direct variable, direct fixed, indirect variable or indirect fixed cost, assuming "units of production of each kind of figurine" is the cost object. No. A Clay Item Direct/Indirect Variable/Fixed B Paint C Packaging materials D Depreciation on machinery and molds E Rent on factory F Insurance on factory G Factory utilities 2-1 24