Shem has developed a new popular bag for which she would like to hire workers to produce and spend some time promotegit She will renta garage for $500 per month for production purposes Utilities will cost $0 per month. Sherri has already taken an industrial design course at the local college to help prepare. This course cost $250. Sherr willent production equipment at a monthly cost of 5000 Sherri estimates the matenal cost per unit will be $3, and the labour cost will be 54 per unit She will need to quit het job, which pays 56000 per month Advertising and promotion will cout 5700 per month Shoei anticipates producing 50 bags in the first month. Answer the following questions. NO COMMAS, NO S. 1. What is the total anticipated fixed cost Sartout associated with production of the new product for the first moet 2. What is the total anticipated variable cost Samount issociated with the production of the new product for the first month? 3. What is the total opportunity cost S amount associated with producing the new product? 4. What is the total sunk cost Samount associated with producing the new product Which cost S amount would NOT be considered a differential coat