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Problem 2 (20 points) Whippany manufacturing wants to estimate costs for each product they produce at its Troy plant. The Troy plant produces three products

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Problem 2 (20 points) Whippany manufacturing wants to estimate costs for each product they produce at its Troy plant. The Troy plant produces three products at this plant, and runs two flexi assembly lines. Each assembly line can produce all three products. The compan the depreciation on equipment using straight-line method. y records Required: Classify each of the following costs as either direct or indirect for each product and as either fixed or variable with respect to the number of units produced of each product. Place a check mark on the appropriate line. Direct Indirect Fixed Variable Example) Plant utility costs a. Assembly line labor wages b. Plant manager's salary c. Depreciation on equipment d. Major parts for the product X e. Rent for plant building

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