Santana Rey, owner of Business Solutions, decides to diversify her business by also manufacturing computer workstation furniture. Required: 1. Classify the following manufacturing costs of Business Solutions as (a) variable or fixed and (b) direct or indirect. 2. Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2020. Assume the following manufacturing costs: Direct materials: $2,100 Factory overhead: $500 Direct labor: $1,000 Beginning work in process: none (December 31, 2019) Ending work in process: $540 (January 31, 2020) Beginning finished goods inventory: none (December 31, 2019) Ending finished goods inventory: $380 (January 31, 2020) 3. Prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31, 2020. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Classify the following manufacturing costs of Business Solutions as (a) variable or fixed anc Cost by Product Costs Behavior Cost by Traceability 1. Monthly flat fee to clean workshop Fixed Indirect 2. Laminate coverings for desktops Variable Direct 3. Taxes on assembly workshop Fixed Indirect 4. Glue to assemble workstation component parts Variable Direct 5. Wages of desk assembler Fixed Direct 6. Electricity for workshop Fixed Indirect 7. Depreciation on manufacturing tools Fixed Direct Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2020. Assume the following manufacturing costs: Direct materials: $2,100 Factory overhead: $500 Direct labor: $1,000 Beginning work in process: none (December 31, 2019) Ending work in process: $540 (January 31, 2020) Beginning finished goods inventory: none (December 31, 2019) Ending finished goods inventory: $380 (January 31, 2020) BUSINESS SOLUTIONS Schedule of Cost of Goods Manufactured For Month Ended January 31, 2020 Direct materials Show less A Direct labor Factory overhead costs Total manufacturing costs Total cost of goods in process $ 2,100 1,000 500 3,600 3,600 Prev 1 of 3 Next > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2020. Assume the following manufacturing costs: Direct materials: $2,100 Factory overhead: $500 Direct labor: $1,000 Beginning work in process: none (December 31, 2019) Ending work in process: $540 (January 31, 2020) Beginning finished goods inventory: none (December 31, 2019) Ending finished goods inventory: $380 (January 31, 2020) BUSINESS SOLUTIONS Schedule of Cost of Goods Manufactured For Month Ended January 31, 2020 Show less A Direct materials Direct labor Factory overhead costs Total manufacturing costs Total cost of goods in process $ 2,100 1,000 500 3,600 3.600