QUESTION 1 Mega Sdn Bhd manufactures and sells furnitures. During 2021, the company's sales dropped due to the pandamic. However, it is expected that in 2022, the sales would increase by 20%. The followings cost incurred during 2021. Name of account RM Direct material 100,000 Direct labour 50,000 Manufacturing overhead: Utilities 8,000 Depreciation on machinery 1,000 Insurance 3,000 Supervisor salaries 10,000 Selling costs: Advertising 20,000 Sales commissions 15,000 Administrative costs: Salaries of top management and staff 72,000 Office supplies 2,000 Depreciation on building and equipment 1,000 Required: i. Briefly explain the characteristics of fixed cost and variable cost. (5 marks) ii. Based on the above case, list down TWO (2) examples of cost that would increase and another TWO (2) examples of cost that remain the same in 2022. Provide justifications for your answers. (10 marks) The manager planned to give rent a part of the company's office building in 2022 and will receive RM1,200 per month. Describe this type of cost