Q1 please answer

optional cloud-backed 128 X B Annie's Cupcakes incurred the following costs In 2022 at two different levels of production. 1. Classify each cost as variable, fixed, or mixed. Units Sold 50,000 75,000 50,000 75,000 xeo/mixed/va 8 Total Costs Per Unit Costs nable Baker's wages S 25,000 S 37,500 Ple S Ingredients to make cupcakes (flour, sugar, butter etc) 50,000 75,000 10 Bent 40,000 40,000 1 1 utlities 7,500 8.500 12 12 14 2. Assume the company produces this amount of cupcakes: 68.504 Calculate total variable costs (excluding any mixed costs): 16 Calculate total fixed costs (excluding any mixed costs): 17 18 Part B: Short Answer (3 marks) 1. What is an example of a variable cost for Annie's Cupcakes? Explain why it would be a variable cost (1 mark). This must be in your own words. No marks awarded if you do not explain why it is a variable cost. 19 20 21 2. What is an example of a mixed cost for Annie's cupcakes? Explain why it is a mixed cost (2 mark). This must be in your own 22 words. No marks awarded if you do not explain why it is a mixed cost. Cover Sheet Q1 Q2 Q3 Q4 Q5 Formulas +