Cost Classification: The Lee's have provided you with the following costs and relevant information that are assumed for year 20XY. Classify the costs as variable costs or fixed costs.. If business is expected to be steady from month to month, provide a monthly budget based on these figures. Which ones are variable costs which one are fixed costs? a. Advertising Fees = $4,000 b. Labor = $400/month One part-time employee will be hired to take care of packaging and shipping. This employee will be paid $10 per hour. He or she is estimated to work 40 hours total per month. c. Packaging Supplies = $3,000 d. Office supplies = $800 e. Phone and Internet Service = $115/month f. Product Supplies = $9,000 g. Shipping Fees = $1,000/month h. Conference Exhibitor Fee = $3,000 i. Travel Expenses for Conference (e.g. airfare, meals, taxi) = $1,200 j. Utilities for the Home Workshop = $105/month