Major Production Company makes two different products, M and N. The company's two departments are named after the products; for example, Product M is made in Department M and Product N is made in Department N. Streaming's accountant has identified the following annual costs associated with these two products. Financial Data Salary of Executive Director of production division Salary of supervisor Department M Salary of supervisor Department N Direct materials cost Department M Direct materials cost Department N Direct labor cost Department M Direct labor cost Department N Direct utilities cost Department M Direct utilities cost Department N General factorywide utilities Production supplies Fringe benefits Depreciation 52,000 18,000 13,400 50,000 100,000 160,000 320,000 300,000 230,000 80,000 100,000 20,000 180,000 Nonfinancial data Machine hours Department M Machine hours Department N 9,000 3,000 REQUIRED 1. Identify the costs that are (1) direct costs of Department M, (2) direct costs of Department N and (3) indirect costs. 2. Select the appropriate cost drivers for the first two indirect costs listed from the data above and allocate these costs to Departments M and N based on the above breakdown of the resource usage