Various costs are associated with running a commercial bakery that supplies local coffee shops Required: Classify each cost as being either variable or fixed with respect to the quantity of baked goods supplied. Also, indicate whether each cost would typically be treated as a direct cost or an indirect cost with respect to the quantity of baked goods supplied Cost Behaviour To Quantity of Baked Goods Supplied Cost Item 1. Account manager's salary 2. Rent on building 3. Flour used in the making of croissants 4. Bakery manager's salary 5. Wages of bakers who are paid on a piecework basis. 6. Depreciation of commercial ovens used in baking 7 Insurance on the building The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed $ 70,000 120,000 Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent factory facilities Supplies Depreciation office equipment Depreciation factory equipment 45,000 6,000 90.000 1.900 50.000 24.000 3.600 4.500 17 000 Beginning of End of the Year the Year Inventories: Raw materials Work in process Finished goods $ 18.000 10.300 23.000 $ 12,500 15,150 18.100 Required: 1. Prepare a schedule of cost of goods manufactured in good form