General Electric Company uses batch costing for its appliance manufacturing division. In November 2032, the division produces 4 batches of refrigerators with the following costs:

• Batch 1: Direct materials $400,000, Direct labor $200,000, Factory overhead $150,000
• Batch 2: Direct materials $420,000, Direct labor $210,000, Factory overhead $160,000
• Batch 3: Direct materials $410,000, Direct labor $205,000, Factory overhead $155,000
• Batch 4: Direct materials $450,000, Direct labor $220,000, Factory overhead $170,000

Required:

• Classify each cost as variable or fixed.
• Calculate the total variable costs for each batch.
• Determine the total fixed costs for all batches produced.
• Analyze the cost structure of General Electric Company using batch costing.
• Prepare a batch costing statement focusing on variable and fixed costs for General Electric Company.