Classify the indicated costs as being fixed, semivariable, or variable in nature.

Net sales	$8,741,685
Cost of goods sold:
Direct materials	2,622,506	Variable Cost
Direct labor	2,098,004	Variable Cost
Overhead expenses:
Depreciation on manufacturing equipment	437,084	Fixed Cost
Electric utility expense	262,251	Semivariable Cost
Total cost of goods sold	5,419,845
Gross profit	3,321,840
Operating expenses:
Sales commission expense	174,834	Variable Cost
Depreciation on buildings and property	874,169	Fixed Cost
Total operating expenses	1,049,003
Earnings before interest and taxes (EBIT)	2,272,837
Interest expense	874,169	Fixed Cost
Earnings before taxes (EBT)	1,398,668
Taxes (40%)	559,467	Variable Cost
Net income	$839,201
Preferred stock dividends	139,867	Fixed Cost
Earnings available to common shareholders	$699,334

Income Statement for the Year Ending December 31
Net sales	$8,741,685
Less: Variable operating costs	?
Fixed operating costs	?
Total operating costs	?
Earnings before interest and taxes (EBIT)	2,272,837
Less: Fixed capital costs	?
Earnings before taxes (EBT)	1,398,668
Less: Income taxes (Variable, 40%)	?
Earnings after taxes (EAT)	$839,201
Less: Fixed capital costs (preferred stock dividends)	?
Earnings available to common shareholders	?
Earnings per share (EPS) 100,000 shares	?