Question Below:

Cost Behaviour Selling and Product Cost Administrative Cost Item Variable Fixed Cost Direct Indirect* Factory labour, direct $ 126,500 $ 126,500 Advertising 51,700 51,700 Factory supervision Property taxes, factory building Sales commissions Insurance, factory Depreciation, office equipment Lease cost, factory equipment Indirect materials, factory Depreciation, factory building General office supplies (billing) General office salaries Direct materials used (wood, bolts, etc.) Utilities, factory Total costs *To units of product. examples, this has been done already for the first two items in the preceding list. Note that each cost item is classified in two ways: first, as variable or fixed with respect to the number of units produced and sold; and second, as 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 as shown.)The Mahela Company specializes in producing sets of wooden patio furniture consisting of a table and four chairs. The company has ample orders to keep production going at its full capacity of 3,?00 sets per quarter. Quarterly cost data at full capacity follow: Factory labour, direct $126,500 Advertising 51,?00 Factory supervision 41.700 Property taxes, factory building 5.200 Sales commissions 88.500 Insurance, factory 4.200 Depreciation, ofce equipment 5.700 Lease cost, factory equipment 13,?00 Indirect materials, factory 7.700 Depreciation, factory building 11,?00 General office supplies (billing) 4,700 General office salaries 68.500 Direct materials used (wood, bolts, 102.500 etc.) Utilities, factory 21.700 Required: 1. Enter the dollar amount of each cost item under the appropriate headings. As examples, this has been done already for the first two items in the preceding list. Note that each cost item is classified in two ways: rst, as variable or xed with respect to the number of units produced and sold; and second, as 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 as shown.)