State Finished Completed on Friday, 4 March 2022, 11:32 AM Time taken 1 hour 59 mins 2 8 9 Grade Not yet graded 15 Question 1 Complete Marked out of 10.00 A company that has retail outlets throughout Canada and the United States is looking for your help. Starfish manufactures and sells office furniture. Below is a partial list of expense items incurred in 2 months (October and November): Item Flag question Units produced and sold October 1,100 November Show one Finish revie 1,200 Sales $1,100,000 $1,200,000 Wood used for chairs 34,100 37,200 Production manager's salary 7,000 7,000 Fire Insurance on production facility 300 300 Electricity used in the administrative facilities 1,300 1,500 Advertising 1,300 1,300 Sales commission 47,000 52,400 Salary of the chief financial office 12,000 12,000 Grease used for production machines 110 120 Property tax on production facility 2,000 2,000 Shipping and packaging cost 47,000 52,000 Required: Put X in the blanks below with the appropriate cost classification: Product Cost Question 2 Put X in the blanks below with the appropriate cost classification Name of Cost Cost Product Cost Variable Committed Discretionary Mixed Direct Direct Manufacturing Period Fixed Cost Fixed Cost Material Labor Overhead Cost Wood used for 34,100 chairs Production manager's salary 7,000 Fire Insurance on production facility 300 Electricity used in the administrative facilities Advertising 1300 Cost The following monthly data are available for the Challenger Company and its only product, Product SW 1 continues