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P3. Coyote Company has been using ABC system for computation of costs of 2 products it makes: i.e., tables and chairs. James, accounting manager of Coyote, found following information about production costs incurred to make 1,000 chairs and 2,000 tables in May of 2022 Direct material coststable $40 Direct material costs/chair =$30 Direct labor coststuble =$10 Direct labor costschair = \$15 Instructions: 1. compute factory overhead costs assigned to chair productions 2. compute factory overhead costs assigned to table productions 3. compute COGM of tables and unit COGM of a table 4. Compute COGM of chairs and unit COGM of a chair