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: $2,900 Factory overhead: $500 Direct labor: $1,100 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: $320 (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. 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 and (b) direct or indirect. Product Costs Cost by Behavior Cost by Traceability 1. Monthly flat fee to clean workshop 2. Laminate coverings for desktops 3. Taxes on assembly workshop 4. Clue to assemble workstation component parts 5. Wages of desk assembler 6. Electricity for workshop 7. Depreciation on manufacturing tools 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: $2,900 Factory overhead: $500 Direct labor: $1,100 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: $320 (January 31, 2020) Show less BUSINESS SOLUTIONS Schedule of Cost of Goods Manufactured For Month Ended January 31, 2020 Total manufacturing costs Total cost of goods in process Cost of goods manufactured Required 1 Required 2 Required 3 Prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31, 2020. BUSINESS SOLUTIONS Partial Income Statement For Month Ended January 31, 2020 Cost of goods sold Goods available for sale Cost of goods sold