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** _ 33% 7:43 pm 10.00 points The Mahela Company specializes in producing sets of wooden patio furniture consisting of a table and four chairs.
** _ 33% 7:43 pm 10.00 points The Mahela Company specializes in producing sets of wooden patio furniture consisting of a table and four chairs. The company has ample orders to keep production going at its full capacity of 2,200 sets per quarter. Quarterly cost data at full capacity follow: den gatnig farit en capating of a diable per 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 $ 119,000 50,200 40,200 3,700 81,000 2,700 4,200 12,200 6,200 10,200 3,200 61,000 95,000 20,200 **Full 33% 7:43 pm Required: 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.) Selling and Administrative Cost Cost Behaviour Variable Fixed 119,000 50,200 Product Cost Direct Indirect* 119,000 $ $ 50,200 i Cost Item 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 *To units of product
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