KAM The Outdoor Dining Company specializes in producing a set of wood patio future contato enjoys great popularity and the company has ample onders to keep production going 100 cost data at it capacity follow Direct la Advertisine Factory 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 $18,00 $ 1.200 $4,400 $5.00 $ 49,160 $ 2,80 $ 10,000 $ 2,700 $26.000 $ 2,500 $ 53,100 $ 26,200 . Required: 1. Enter the dollar amount of each cost item under the appropriate heading Note that each cost din two w either variable or fixed with respect to the number of units produced and old and seconds or a product cost. (If the item is a product cost. It should also be cand se director de Cont Behavior Variable Fixed Selling and Administrative CON Direct 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 Administrative office supplies Direct materials used wood bolts, ofc Utilities factory Total costs 2. Compute the average product cost per patio setRound your answer to 2 decimales) 3. Due to reduced demand, assume that production drops to only 1000 sets per yeat Would you expect the productos patio set to Increase, decrease or remain unchanged? Increase Decrease Remain unchanged