The following information relates to a textile business Cassidy Clothing. Use it to answer Questions 7 and 8 below: 7. The estimated cost of thread is: (A) $4500 (B) $5500 (C) $500F (D) $500U 8. The actual cost of buttons is: (A) $32400 (B) $2700 (C) $27000 (D) ($2700) 9. Which of the following is a fixed expense of a car dealer? (A) Rent for building (B) Electricity for the showroom (C) Salesmen's commission (D) Cost of spare parts 10. A variable expense of a shoe manufacturer is: (A) insurance on building (B) depreciation on machinery (C) cost of leather (D) lease of retail premises