one and assification for e r Lurvey, a manter of products, reports the following manufacturing the year ended December 31, 2017 Co the icon to see the account formation) Lurvey produced 80 000 units of product in 2017 Lurvey's manag numbers. The following additional infomation is for 2018 che con to the a naloon Read the Now cate the war 2018 Round the t e nt Com b o Account Derma De manucuring Power Account Director Drenchung Avans 220.000 Superviso labor Miten handing labor Vandance Decor Total variable costs in 2018 Toled costs in 2010 o in 2018 Rent property taxes and por Done Choose from any let or enter any number in the houtsolds and then condrue to the next question. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2018. (Round the costs to Total variable Total fixed Total costs Account costs in 2018 costs in 2018 in 2018 Direct materials Direct manufacturing labor Power Supervision labor Materials-handling labor Maintenance labor Depreciation Rent, prop. taxes, and admin Total Requirement 2. Calculate Lurvey's total manufacturing cost per unit in 2017and estimate total manufacturing cost per unit Begin by determining the formula to calculate the total manufacturing cost per unit, then enter the amounts in the formula, Choose from any list or enter any number in the input fields and then continue to the next question Requirement 2. Calculate Lurvey's total manufacturing cost per unitin 2017 and estimate tal manufacturing cost per unitin 2018 Begin by determining the formula to calculate the total manufacturing cost perunt, then enter the amounts in the formula (Round the unit cost to the nearest cant) Total cost per un per unit 2018 per unit 2017 Requirement. How can you obtain the estimates of fixed and variable costs? Why would the better estimates be used to Lurvey analysis, Lurvey may want to undertake Y analysis of costing Cost classification into variable and fed costs is based on the forced and variable components of costs Better knowledge of food and varable costs will help Lurves Qualitative rather than quantitative quantitative rather than itative d the unit cost to the nearest cent.) Lurvey? ndertake analysis of costs, using to better managers knowledge of the cost classification regression analysis on time-series or cross sectional data ng costs and account analysis classification for Lurvey, Inc., produced 80,000 units of product in numbers. The following additional information is (Click the icon to see the additional informati Data Table Account Direct materials Direct manufacturing labor Power Supervision labor Materials-handling labor Maintenance labor Depreciation Rent property taxes, and administration Classification Amount All variable $ 300,000 All variable 220,000 All variable 20,000 25% variable 64,000 40% variable 70,000 40% variable 60.000 0% variable 95.000 0% variable 110.000 Print Done (Click the icon to see the additional information.) Read the requirements 1 More Info a. Direct materials prices in 2018 are expected to increase by 4% compared with 2017 b. Under the terms of the labor contract, direct manufacturing labor wage rates are expected to increase by 12% in 2018 compared with 2017 c. Power rates and wage rates for supervision, materials handling, and maintenance are not expected to change from 2017 to 2018. d. Depreciation costs are expected to increase by 6%, and rent, property taxes, and administration costs are expected to increase by 11%. e. Lurvey expects to manufacture and sell 85,000 units in 2018. Print Done