Required: In the following table, using the drop-down lists provided, identify each of the company's expenses as (1) variable, fixed or mixed and (2) direct, indirect or both direct and indirect as to units produced or sold. Analysis of Expenses (1) (2) Direct materials Direct labour Manufacturing overhead Shipping expense Advertising expense Salaries and commissions Insurance expense Office expenses\\laples Springs Limited manufactures a patented product within a very extensive Just-ln-Time (JIT) inventory management system. As a result of their JIT system, they never have any inventory of raw materials, work-in-process or nished goods. The company's comparative income statement for the past 3 months is provided below. Naples Springs Limited Comparative Income Statement For the 3 months ended September 30, 2021 M August Segtember Units produced and sold 3,000 3,750 4,500 Sales revenue $ 422,100 $ 527,100 $ 832,100 Cost of Good Sold Direct materials 75,000 93,750 112,500 Direct labour 30,000 37,500 45,000 Manufacturing overhead 73,100 87,850 103,800 178,100 219,100 281,100 Gross Margin 244,000 308,000 371,000 Selling and Administrative Expenses Shipping expense 48,100 52,100 58,100 Advertising expense 72,100 72,100 72,100 Salaries and commissions 109,100 127,100 145,100 Insurance expense 11,100 11,100 11,100 Ofce expenses 44,100 44,100 44,100 282,500 308,500 330,500 Operating Income (Loss) $ (38,500) $ 1,500 $ 40,500 ome Insert Page Layout Formulas Data Review View Help QuickBooks ut Arial 12 AA ab Wrap Text General opy V BIUY A E Merge & Center $ ~ % " Conditional Format as Ce ormat Painter Formatting * Table Style bard Font Alignment Number Styles X fic B D E G ed: following table, using the drop-down lists provided, identify each of the company's expenses as (1) variable, fixed or mixed and (2) direct, indirect of Analysis of Expenses (1) (2 ) Direct materials Direct labour direct as to units sold direct as to units produced Manufacturing overhead indirect as to units sold Shipping expense indirect as to units produced both direct and indirect as to units sold Advertising expense both direct and indirect as to units produced Salaries and commissions Insurance expense Office expenses