Eco Bhd is a clothing manufacturer. You are required to : (a) Classify the following costs whether they are a direct cost or an indirect cost: The depreciation of stores equipment; (1 mark) (11) The hire of a machine for a specific job; (1 mark) (111) Royalty paid for each unit of a product produced, and (1 mark) (6) Explain the meaning of variable costs' and 'fixed costs. Give one example for each of these costs. (4 marks) 10 (c) The company has the following information on Product B: Cost per unit (RM/unit) Direct materials Direct labour 29 Direct expenses 3 Production overhead - variable 7 - fixed Non-production costs 6 5 Calculate the followings: (1) prime cost per unit; (1 mark) (11) total cost per unit; (1 mark) (iii) selling price per unit if the company wants to earn a margin of 25%. (1 12 marks) (iv) profit per unit if the company wants a mark-up of 20% on cost. (1 marks)