Jan Holliday Dance Studios is a chain of 45 wholly owned dance studios that offer private lessons in ballroom dancing. The studios are located in various cities throughout the southern and southeastern states. Holliday offers a set of 12 private lessons; students may pay for the lessons one at a time, but each student is required to enroll for at least a 12-lesson plan. The 20, 40-, and 100-lesson plans offer savings. Each dance instructor is paid a small salary plus a commission based on the number of dance lessons provided. Required: 2. Indicate whether the cost should be classified as (a) direct, (b) indirect, (c) variable, and (d) fixed with respect to the following list for the cost objects nts Direct Cost or Variable Cost or Studios as the Cost Object Indirect Cost Direct cost Direct cost Direct cost Direct cost Direct cost ndirect cost Direct cost Direct cost Fixed Cost 1. Each dancing instructor's salary 2. Manager's salary 3. Music tapes used in instruction 4. Utilities for the studio 5. Part-time studio receptionist 6. Planning and development materials sent from the home office 7. Free lessons given by each studio as a promotion 8. Regional TV and radio advertisements placed several times a year ariable cost Variable cost Variable cost Variable cost Variable cost Variable cost Variable cost Fixed cost 5 points Direct Cost or Variable Cost or Fixed Cost Lessons as the Cost Object ndirect Direct cos ndirect cost indirect cost Indirect cost ndirect cost ndirect cost ndirect cost ndirect cost . Each dancing instructor's salary 2 Manager's salary xed cost ixed cost xed cost Fixed cost Fixed cost Fixed cost ixed cost xed cost Music tapes used in instruction 4 Utilities for the studio 5. Part-time studio receptionist 6. Planning and development materials sent from the home office 7. Free lessons given by each studio as a promotion 8 Regional TV and radio advertisements placed several times a year