Question 1: Mary Hartwell and Jane Jamail, college roommates, are considering the joint purchase of a computer that they can share to prepare class assignments. Ms. Hartwell wants a particular model that costs $2,000. Ms. Jamail prefers a more economical model that costs $1,500. In fact, Ms. Jamail is adamant about her position, refusing to contribute more than $750 toward the purchase. If Ms. Hartwell is also adamant about her position, should she accept Ms. Jamail's $750 offer and apply that amount toward the purchase of the more expensive computer? Question 2: Setting the sales price is easy: Enter cost information and desired profit data into one of the cost-volume-profit formulas, and the appropriate sales price can be computed mathematically. Do you agree with this line of reasoning? Explain. Question 3: Why are the terms direct cost and indirect cost independent of the terms fixed cost and variable cost? Give examples to illustrate