Listed below are costs found in various organizations. Required: 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 manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product. Manufacturing (Product) Cost Cost Item Selling Cost Administrative Direct Indirect Variable or Fixed Variable Yes Ex. Direct labor Executive salaries Fixed Yes Fixed Yes Factory rent 1. Property taxes, factory. 2. Salespersons' commissions. 3. Supervisor's salary, factory. 4. Wages of workers assembling computers. 5. Lubricants for production equipment. 6. Microchips used in producing calculators. Shipping costs on merchandise sold. 8. Executive life insurance. 9. Yarn used in sweater production. 10. Wages of receptionist, executive offices. Listed below are costs found in various organizations. Required: 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 manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product. Manufacturing (Product) Cost Cost Item Selling Cost Administrative Direct Indirect Variable or Fixed Variable Yes Ex. Direct labor Executive salaries Fixed Yes Fixed Yes Factory rent 1. Property taxes, factory. 2. Salespersons' commissions. 3. Supervisor's salary, factory. 4. Wages of workers assembling computers. 5. Lubricants for production equipment. 6. Microchips used in producing calculators. Shipping costs on merchandise sold. 8. Executive life insurance. 9. Yarn used in sweater production. 10. Wages of receptionist, executive offices