Item1 6 points Time Remaining 2 hours 4 minutes 43 seconds02:04:43 Item 1 Time Remaining 2 hours 4 minutes 43 seconds02:04:43 Santana Rey, owner of Business Solutions, decides to diversify her business by also manufacturing computer workstation furniture. Required: 1. Classify the following manufacturing costs of Business Solutions as (a) variable or fixed and (b) direct or indirect. 2. Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2020. Assume the following manufacturing costs: (Please note that the fourth line is to be left blank.) Direct materials: $2,300 Factory overhead: $550 Direct labor: $1,200 Beginning work in process: none (December 31, 2019) Ending work in process: $550 (January 31, 2020) Beginning finished goods inventory: none (December 31, 2019) Ending finished goods inventory: $320 (January 31, 2020)