1 The Mahela Company specializes in producing sets of wooden patio furniture consisting of a table and four chairs. The company is currently operating at 80% of its full capacity of 2,800 sets per quarter. Quarterly cost data at this level of operations follow Factory labour, direct Advertising Factory supervision $122,000 50,800 40,800 02:59:22 Property taxes, factory building 4,300 Sales commissions 84,000 Insurance, factory Depreciation, office equipment 3,300 4,800 oflook Lease cost, factory equipment 12,800 Indirect materials, factory 6,800 Depreciation, factory building 10,800 General office supplies (billing) 3,800 General office salaries 64,000 Direct materials used (wood, bolts, etc.) Utilities, factory 98,000 20,800 Required: 1. Enter the dollar amount of each cost item under the appropriate headings. As examples, this has been done already for the first items in the preceding list. Note that each cost item is classified in two ways: first, as variable or fixed, with respect to the number e units produced and sold, and, second, as a selling and administrative cost or a product cost. (If the item is a product cost, it should be classified as either direct or indirect as shown.) 1. Enter the dollar amount of each cost item under the appropriate headings. As examples, this has been done already for the first two Items in the preceding list. Note that each cost item is classified in two ways: first, as variable or fixed, with respect to the number of units produced and sold, and, second, as a selling and administrative cost or a product cost. (If the item is a product cost, it should also be classified as either direct or indirect as shown.) Cost Behaviour Cost Item Variable Fixed Selling and Administrative Cost Product Cost Direct Indirect $ 122,000 $ 122,000 50,800 50,800 Factory labour, direct Advertising Factory supervision Property taxes, factory building Sales commissions Insurance, factory Depreciation, office equipment Lease cost, factory equipment Indirect materials, factory Depreciation, factory building General office supplies (billing) General office salaries : Direct materials used (wood, bolts, etc.) Utilities, factory Total costs