Robyn Blake has invented a new type of fly swatter. After thinking it through carefully, she has decided to quit her $$5,000$ per month Job with a start$-$up tech company to produce and sell the fly swatters full time. Robyn will rent a garage that will be used as a production plant. The rent will be $$300$ per month. She will also rent production equipment at a cost of $$1,000$ per month.The cost of materials for each fly swatter will be $$0\mathrm{.}60.$ Robyn will hire workers to produce the fly swatters. They will be paid $$1\mathrm{.}00$ for each completed unit. Robyn will rent a room in the house next door for use as her sales office. The rent will be $$150$ per month. She will add extended voicemail to her mobile plan to ensure she gets after$-$hours messages from customers. The feature will cost $$5$ per month.Robyn has savings that are earning her interest of $$2,000$ per year. She plans to withdraw all of her savings to use in getting the business started for the first year. Robyn plans to advertise her product in numerous trade publications at a cost of $$400$ per month.She plans to pay her sales staff a commission of $$0\mathrm{.}20$ for each fly swatter sold.She does not plan to take any salary from the new company for the first year. Robyn has already paid the legal fees required to incorporate her new company at a total cost of $$1,000.$Required:$1.$ Listed below are different costs associated with the new product decision. Choose Yes or No under each heading that helps to describe the type of cost involved.Name of the CostVariableCostFixed CostProduct CostPeriod $($Selling and Admin.$)$CostOpportunityCostSunk CostDirectMaterialsDirectLabourManufacturingOverhead$$5,000$ salary at tech company foregoneGarage rental, $$300$ per monthEquipment rental, $$1,000$ per monthMaterial cost, $$0\mathrm{.}60$ per unitLabour cost, $$1\mathrm{.}00$ per unitRoom rental for sales office, $$150$ per monthVoicemail plan for cell phone, $$5$ per monthForegone interest on savings account, $$2,000$ per yearAdvertising, $$400$ per monthSales staff commission, $$0\mathrm{.}20$ per unitLegal fees to incorporate, $$1,0002$ Which of the followina item is not