Building Your Skills Analytical Thinking (LO1-1, LO1-2, LO1-3, LO1-4] The Dorilane Company produces a set of wood patio furniture consisting of a table and four chairs. The company has enough customer demand to justify producing its full capacity of 4,000 sets per year. Annual cost data at full capacity follow: Direct labor Advertising Factory supervision Property taxes, factory building Sales commissions Insurance, factory Depreciation, administrative office equipment Lease cost, factory equipment Indirect materials, factory Depreciation, factory building Administrative office supplies (billing) Administrative office salaries Direct materials used (wood, bolts, etc.) Utilities, factory $ 90,000 $ 100,000 $ 73,000 $ 19,000 $ 58,000 $ 5,000 $ 2,000 $ 20,000 $ 16,000 $ 101,000 $ 3,000 $ 107,000 $ 428,000 48,000 $ Cost Behavior Product Cost Period (Selling or Administrative) Cost Variable Fixed Direct Indirect Cost Item Direct labor Advertising Factory supervision Property taxes, factory building Sales commissions Insurance, factory Depreciation, administrative office equipment Lease cost, factory equipment Indirect materials, factory Depreciation, factory building Administrative office supplies (billing) Administrative office salaries Direct materials used (wood, bolts, etc.) Utilities, factory Total costs $ 0 0 $ 0 $ 0 $ 0 Compute the average product cost of one patio set. (Round your final answer to nearest whole dollar.) Average product cost per set