E2.24 (LO 2) Dye Company manufactures a single product. Annual production costs incurred in the manufacturing process are shown below for two levels of production: Costs Incurred Production in Units 5,000 10,000 Production Costs Total Cost Cost/Unit Total Cost Cost/Unit Direct materials $8,250 $1.65 $16,500 $1.65 Direct labour 9,500 1.90 19,000 1.90 Utilities 1,500 0.30 2,500 0.25 Rent 4,000 0.80 4,000 0.40 Maintenance 800 0.16 1,100 0.11 Supervisory salaries 1,000. 0.20 1,000 0.10 Instructions Define the terms variable costs, fixed costs, and mixed costs. Classify each cost above as either variable, fixed, or mixed. Diagram cost behaviour to determine the relevant range and classify costs.