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I have attached the questiuon below Course Hero C III 9 Question 2 . Chapter 2 assignme- X G The Outdoor Dining Company speciall '

I have attached the questiuon below

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Course Hero C III 9 Question 2 . Chapter 2 assignme- X G The Outdoor Dining Company speciall ' + i eztomheducati0n.com/ext/map/index.html?_c0n:c0n&externa|_browser:0&|aunchUrl:https%253A%252F%252Fnewc0nnect.mheducation.com%252F#/a... i v E G Google M Gmail I VouTube 9 Maps aneVIdeo e NonhemCollegeSt... Chapter 2 assignment 0 III WelcomE.AMANJO... a Course Home [E] McGrawcHiIIConne... Saved 2 Problem 2-20 Cost Classification and Cost Behaviour [L01, L02, L05, L06] I e Cengagerain a My... ' My Sessions a [709... Help The Outdoor Dining Company specializes in producing a set of wood patio furniture consisting of a table and four chairs. The set enjoys great popularity, and the company has ample orders to keep production going at its full capacity of 2,100 sets per year. Annual 10 points eook ASK Print cost data at full capacity follow: Direct labour Advertising rectory supervision property taxes, factory building Sales commissions Insurance, factory Depreciation, administrative office equipment Lease cost, factory equipment Indirect materials, factory Depreciation, factory Administrative office supplies Direct materials used (wood, bolts, etc.) Utilities, factory $122,699 $ 45,393 $ 47,593 $ 3,193 $ 99,993 $ 2,299 $ 4,299 $ 13,599 $ 6,299 $ 13,399 $ 3,493 $132,993 $ 22,993 Required: 1. Enter the dollar amount of each cost item under the appropriate headings. Note that each cost item is classified in two ways: first, as either variable or fixed with respect to the number of units produced and sold, and second, as either a selling and administrative cost or a product cost. (lfthe item is a product cost, it should also be classified as either director indirect.) Mc Graw Hill ,0 Type here to search iaac_ '1 8"C Mostly clear Save E Exit Submit A [l nu) ENG 536 AM 202140-01 a i Course Hero Question 2 - Chapter 2 assignmer X G The Outdoor Dining Company speciali + - X D C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/a... | 40 G Google M Gmail YouTube Maps Prime Video Northern College St... Bb Welcome, AMANJO... Course Home M McGraw-Hill Conne.. N CengageBrain - My... My Sessions - E-Cla.. Chapter 2 assignment i Saved Help Save & Exit Submit Required: 2 1. Enter the dollar amount of each cost item under the appropriate headings. Note that each cost item is classified in two ways: first, as either variable or fixed with respect to the number of units produced and sold, and second, as either 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.) Cost Behavior Selling and Product Cost 10 Administrative points Cost Item Variable Fixed Cost Direct Indirect Direct labour eBook Advertising Factory supervision Ask Property taxes, factory building Print Sales commissions Insurance, factory Depreciation, administrative office equipment Lease cost, factory equipment Indirect materials, factory Depreciation, factory Administrative office supplies Direct materials used (wood, bolts, etc.) Utilities, factory Total costs o S o S o s o S Mc Graw Hill Type here to search O 8.C Mostly clear ~ (7 ) ENG 5:36 AM 2021-10-01Course Hero Question 2 - Chapter 2 assignmer X G The Outdoor Dining Company speciali + - X D C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/a...| 40 G Google M Gmail YouTube Maps Prime Video Northern College St... Bb Welcome, AMANJO... Course Home M McGraw-Hill Conne.. N CengageBrain - My. My Sessions - E-Cla. Chapter 2 assignment i Saved Help Save & Exit Submit Indirect materials, factory 2 Depreciation, factory Administrative office supplies Direct materials used (wood, bolts, etc.) Utilities, factory Total costs $ o $ o S o S o S 10 points eBook Ask Print 2. Compute the average product cost per patio set. (Round your answer to 2 decimal places.) Average product cost per patio set 3. Due to reduced demand, assume that production drops to only 1,000 sets per year. Would you expect the average product cost per patio set to increase, decrease, or remain unchanged? O Increase O Decrease O Remain unchanged Mc Graw Hill Type here to search O 8.C Mostly clear ~ (7 ) ENG 5:36 AM 2021-10-01

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