Cost Behavior, Classification Smith Concrete Company owns enough ready-mix trucks to deliver up to 115,000 cubic yards of concrete per year (considering each truck's capacity, weather, and distance to each job). Total truck depreciation is $350,000 per year. Raw materials (cement, gravel, and so on) cost about $35 per cubic yard of cement. Required: 1. On your own paper, prepare a graph for truck depreciation. Use the vertical axis for cost and the horizontal axis for cubic yards of cement. Select the following amounts from the graph. Depreciation cost of truck if it delivers 30,000 cubic yards of concrete in one year. $ 350,000 Depreciation cost of truck if it delivers 70,000 cubic yards of concrete in one year. $ 350,000 2. On your own paper, prepare a graph for raw materials. Use the vertical axis for cost and the horizontal axis for cubic yards of cement. Select the following amounts from the graph. Cost of raw materials for 2,000 cubic yards of concrete. Cost of raw materials for 5,000 cubic yards of concrete. $ 3. Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. Classify truck depreciation and raw materials as variable or fixed costs. Truck depreciation Fixed Raw materials cost Variable 4. What action could Smith management take to reduce the truck depreciation cost from year to year. All of the aboven 5. What action could Smith management take to reduce the total raw materials cost from year to year. All of the abovex