Hello

can you please help with this question

QUESTION:Bonno was working in a company earning P10,000 monthly. He left his job and started a small business in 2010. He bought a second hand motor van for P70,000 in 2012 to help run the business. Bonno is into dress making business and specialises in Leteisi dresses (german print). She bought fabric for her business and thread. She has employed one dress maker who gets paid P10 an hour and other assistants. Monthly salaries for the business is P12,000 including management salary.She paid electricity and telephone of between P1,000 and 1,500.The above information relates to the year 2012.

a. Identify the following costs in the above paragraph:

i. Sunk cost second hand van of P70,000 ( 1 mark) ii. Dircet material fabric ( 1 mark) iii. Opportunity cost P10,000 salary ( 1 mark) iv. Indirect material is thread ( 1 mark) v. Mixed cost ( 1 mark) vi. Direct labour is P10 an hour