Problem 1-23 (Static) Cost Classification [LO1-1, LO1-3, LO1-4] 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 Variable or Administrative Cost Item Selling Cost Direct Indirect Fixed Cost Ex. Direct labor Variable Yes Executive salaries Fixed Yes Factory rent Fixed Yes 1. Property taxes, factory. Fixed Yes 2. Boxes used for packaging detergent produced by the company. Variable Yes 3. Salespersons commissions. Variable Yes 1. Supervisor's salary, factory. Fixed Yes 5. Depreciation, executive autos. Fixed Yes 6. Wages of workers assembling computers. Variable Yes 7 Insurance, finished goods warehouses Fixed Yes 8. Lubricants for production equipment. Variable Yes 9. Advertising costs. Fixed Yes 10. Microchips used in producing calculators. Variable Yes 11. Shipping costs on merchandise sold. Variable Yes 12. Magazine subscriptions, factory lunchroom. Fixed Yes 13. Thread in a garment factory. Variable Yes 14. Executive life insurance. Fixed Yes 15. Ink used in textbook production. 16. Fringe benefits, materials handling workers. 17. Yarn used in sweater production. 18. Wages of receptionist, executive offices.Exercise 1-11 (Static) Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6] Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per unit over the relevant range of 30,000 to 50,000 units is given below: Required: 1. Complete the scheduie of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 45,000 units during the year at a selling price of $16 per unit. Prepare a contribution format income statement for the year. Complete-this question by entering wur answers in the-labs below. Required 1 Required 2 Complete the schedule of the company's total costs and costs per unit as given in_ the relevant tab below. (Round the per unit variable cost and xed cost to 2 decimal places.) $ 130,000 $ 240,000 $ 300,000 300,000 300,000 300,000 Total cost $ 400,000 $ 540,000 $ 600,000 Costpewnit __ Fixed cost Totalcost perunit __000 $- 0.00 $- 0.00 Required 2 > Exercise 1-11 (Static) Cost Behavior; Contribution Format Income Statement [La-4, LO1-6] Harris Company manufactures and selis a single product. A partially completed schedule of the company's totai costs and costs per unit over the relevant range of 30,000 to 50,000 units is given below: Required: 'r- Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 45,000 units during the year at a selling price of $16 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs helmlir. Required 1 Required 2 Assume that the company produces and sells 45,000 units during the year at a selling price of $16 per unit. Prepare a oontrihution format income statement for the year.