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Everything Looks Like a Nail, Inc. is a manufacturing company that produces hammers. The company faces a number of different fixed and variable costs. Classify each as a fixed cost or variable cost.
-Regulatory compliance costs
-Salaries of top management and key personnel
-Cost of metal used in manufacturing
-Cost of wood used in manufacturing
-Mortgage payments
-Industrial equipment costs
-Interest on debt
-Postage and packaging costs
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