Phylicia Shoes operates a chain of shoe stores. The stores sell ten different styles of shoes with identical purchase costs and selling prices. Phylicia is trying to determine the desirability of opening another store and wants your help determining the cost behavior of the company's expenses. Requirement A: Identify each description's cost behavior. DESCRIPTION VARIABLE, FIXED 0R MIXED COST Costs to Manufacture Each Pair of Shoes: 40% of Retail Price l o \\\\ The company pays $4,000 per month in rent for their stores. The company pays a $5,000 salary per month to their Store Managers 3 plus a 4% commission (of the retail price) for each pair of shoes sold. ' ' ' \" ' ' The company pays $1,200 per month to their landlord to cover the ( following for utilities: electric, water and waste. \\ ' \" The company pays $1,000 per month for advertising The company pays $12 per hour to their Sales Associates, plus a 2% commission (of the retail price) for each pair of shoes sold. During the 0 uarter, the sales associates worked 4,000 hours. Requirement B: Using the information provided above, complete the Contribution Margin Income Statement for the period January-March assuming that the company sold 10,000 pairs of shoes at a retail price of $25