Company A has 50% of its total variable manufacturing cost in labor and the other 50% in fuel. Company B has 40% of its total variable manufacturing cost in labor and the remainder in fuel. Suppose in a given year labor costs rise 12% and fuel costs rise 10%. Required: 1. Using the information above, calculate the percentage increase in total variable cost for each company. (Enter your answers as whole percentages rounded to 1 decimal place.) 2. Which company has the higher percentage increase in total variable cost? Company A Company B