Sherri has developed a new popular bag for which she would like to hire workers to produce and spend some time promoting Shat wit tentangwage for $500 per month for production Unities will cost $70 per month. She has already taken an industrial design course at the local college to help prepare this course cost $300 Short will roest production equipment at a monthly cost of $400 Shetri estenuates the material cost per unit will be SS, and the about cont wan be 510 per unit Shter will red to quit her job, which des S4000 per month Advertising and peomotion will con 5000 per month shemtontecerats perhaciend Zo begin te tose month Answer the following questions. NO COMMAS, NOS. 1. What is the total anticipated fixed cost S montuociated with production of the new product for the first month? 2. What is the total anticipated variable costs anotant nuociated with the production of the new product for the first moet 3. What is the total opportunity cost Samount associated with producing the new product? 4. What is the total smk cout Samontociated with producing the new product? 5. Which cost s amount would NOT be considered a differential cost