Question 1 Shafiq Manufacturing Company incurs the following manufacturing costs and expenses in the production process. a) Factory manager's salary b) Assembly line wages c) Raw materials used directly in product d) Property taxes on factory building e) Rent on factory building :) Factory supervisor's salary g) Depreciation on factory equipment h) Factory utilities 1) Wages for factory maintenance workers 1) Salary for factory forklift driver Complete the following table by placing tick mark (1) under the appropriate headings. Cost item Direct materials Direct labour Manufacturing overhead Prime costs Variable costs Fixed costs a) b) c) d) e) 1) 8) h) 1) 1) (10 MARKS) Continue