> > Class > Quiz 2 BAAB1014 (Sept2022).docx ng Lot PADE 1 OF F QUESTION 1 Meat Company produces one of the best sausage products in Damansara Utama. The company's controller used the account- classification method to compile the following information. Required: a) Briefly explain 'fixed cost and variable' cost? (2 marks) b) classify each cost item as variable, foxed or mixed cost. a. Depreciation schedules revealed that monthly depreciation on buildings and equipment is RM19,000. b. Inspection of several invoices from meat packers indicated that meat costs the company RM1.10 per sausage produced. c. Utility bills revealed that the company incurs utility costs of RM4,000 per month plus RM0.20 per sausage produced. Submit your answer here. (3 marks) Online Car 2-2022/99 Product Groups WhatsApp CHAI VIT FASO * KNG 12:35 PM 14/10/202