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based on answers obtained in requirement (1) compute the average product cost per patio set (round your answer to 2 decimal places) JK Company, located

based on answers obtained in requirement (1) compute the average product cost per patio set (round your answer to 2 decimal places)
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JK Company, located in Indonesia, specializes in producing sets of wooden patio fumiture consisting of a table and four chairs. The company is currently operating at 80% of its full capacity of 5.000 sets per quarter. Quarterly cost data at this level of operations follow: Required: Required: 1. Enter each cost item on your answer sheet, placing the dollar amount of each cost item under the approprlate 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 woys: first, as vatiable 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 aiso be classified as being either direct or indirect as shown.)

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