OR 2. Based on the answers obtained in Requirement (1), compute the average product cost per patio set. (Round your answer to 2 decimal places.) per patio set 3. Assume that production increases to only 3,420 sets quarterly. Would you expect the average product cost per patio set to increase, decrease, or remain unchanged? O Increase O Decrease O Remain unchanged 4. Refer to the original data. The president's brother in law has considered making a patio set and has priced the necessary materials at a building supply store. He has asked the president if he could purchase a patio set from the Mahela Company at cost" and the president has agreed to let him do so. o Would you expect any disagreement over the price the brother-in-law should pay? What price does the president probably have in mind? (Round your answer to 2 decimal places.) the president may expect a minimum price of OR 2. Based on the answers obtained in Requirement (1), compute the average product cost per patio set. (Round your answer to 2 decimal places.) per patio set 3. Assume that production increases to only 3,420 sets quarterly. Would you expect the average product cost per patio set to increase, decrease, or remain unchanged? O Increase O Decrease O Remain unchanged 4. Refer to the original data. The president's brother in law has considered making a patio set and has priced the necessary materials at a building supply store. He has asked the president if he could purchase a patio set from the Mahela Company at cost" and the president has agreed to let him do so. o Would you expect any disagreement over the price the brother-in-law should pay? What price does the president probably have in mind? (Round your answer to 2 decimal places.) the president may expect a minimum price of