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Far Eastern Group Ltd$.$ of Charlottetown, PEI, acquired its manufacturing building $10$ years ago. For several years, the company has rented out a small annex attached to the rear of the building. The company has received a rental income of $$75,000$ per year on this space. The renter's lease will expire soon, and rather than renew the lease, the company has decided to use the space itself to manufacture a new product.

Direct materials cost for the new product will total $$60$ per unit. To have a place to store finished units of product, the company will rent a small warehouse nearby. The rental cost will be $$2,000$ per month. In addition, the company must rent equipment for use in producing the new product; the rental cost will be $$25,000$ per month. Workers will be hired to manufacture the new product, with direct labour costs amounting to $$80$ per unit. The space in the annex will continue to be depreciated on a straight$-$line basis, as in prior years. This depreciation is $$5,000$ per year.

Advertising costs for the new product will total $$250,000$ per year. A supervisor will be hired to oversee production, with a salary of $$5,500$ per month. Electricity for operating machines will be $$2\mathrm{.}40$ per unit. Costs of shipping the new product to customers will be $$18$ per unit.

To provide funds to purchase materials, meet payrolls, and so forth, the company will have to liquidate some temporary investments. These investments are currently yielding an average return of about $$3,000$ per year.

Required:

Below is the list of different costs associated with the new product decision down the extreme left column $($under "Name of the Cost"$).$ Then select "Yes" under each heading that is applicable to the type of cost involved. Also, select $"$No$"$ under each heading that is not applicable to the type of cost involved. There may be "Yes" under several column headings for a single cost. $($For example, a cost may be a fixed cost, a period cost, and a sunk cost; you would select "Yes" under each of these headings opposite the cost.$)$ NOTE: Opportunity cost is a special category, and to avoid confusion, do not attempt to classify the cost in any other way except as an opportunity cost.