Listed below are costs found in various organizations. For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold, and then whether it would be a selling cost, an administrative cost, or a product cost. If it is a product cost, indicate whether it would typically be treated as a direct or an indirect cost with respect to units of product. Three sample answers are provided for illustration: Variable or Selling Cost Rem Fixed Cost Administrative Cost Product Cost Direct Indirect Ex Direct labour Executive salaries Variable No No Yes No Fixed No Yes No No Factory rent Fixed No No No Yes 1 Depreciation, executive jet Fixed No Yes No No 2 Costs of shipping finished goods to customers Variable Yes No No No 3 Wood used in manufacturing furniture Variable No No Yes No 4 Sales manager's salary Fixed No No No Yes 5 Electricity used in manufacturing furniture Fixed No No No Yes 6 Salary of the secretary to the company president Fixed No No No Yes 7 Aerosol attachment placed on a spray can produced by the company 8 Costs of billing customers 9 Packing supplies for shipping products overseas 10 Sand used in manufacturing concrete 11 Supervisor's salary, factory 12 Executive life insurance. 13 Sales commissions 14 Employee benefits, assembly-line workers. 15 Advertising costs Fixed Yes No No No 16 Property taxes on warehouses used to store finished goods 17 Lubricants for production equipment Variable No No No Yes