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Question 2 a) Distinguish between direct cost and indirect cost. Give an example of each. b) Identify the following itemss whether it is a VARIABLE

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Question 2 a) Distinguish between direct cost and indirect cost. Give an example of each. b) Identify the following itemss whether it is a VARIABLE or FIXED cost. i. Electricity bill expenses. ii. Fuel for forklift to move materials in the factory. iii. Depreciation expenses of the machinery. iv. Wages paid to the workers assembling products. V. Salary paid to the factory manager. vi. Fees paid to Toyota for the rental of the forklift used in the factory

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