The Dorilane Company produces a set of wood patio furniture consisting of a table and four chairs. The company has enough customer demand to justify producing its full capacity of $4,000$ sets per year. Annual cost data at full capacity follow:Direct labor $ $88,000$Advertising $ $95,000$Factory supervision $ $68,000$Property taxes, factory buildingSales commissions $ $59,000$Insurance, factory $ $7,000$Depreciation, administrative office equipmentLease cost, factory equipmentIndirect materials, factoryDepreciation, factory buildingAdministrative office supplies $($billing$)$ $ $3,000$ Administrative office salaries $ $109,000$Direct materials used $($wood$,$ bolts, etc.$)$ $ $433,000$ Utilities, factory $ $42,000$Required: