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 4,100 sets per year. Annual cost data at full capacity follow: Direct labor 91, 000 Advertising 98, 000 Factory supervision 69, 000 Property taxes, factory building 22, 000 Sales commissions 59, 000 Insurance, factory 5, 000 Depreciation, administrative office equipment 2, 000 Lease cost, factory equipment 11, 000 Indirect materials, factory 20, 000 Depreciation, factory building 105, 000 Administrative office supplies (billing) 6, 000 Administrative office salaries 106, 000 Direct materials used (wood, bolts, etc. ) $ 430, 000 Utilities, factory 49, 000 Required: 1. Enter the dollar amount of each cost item under the appropriate headings. 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.) 2. Compute the average product cost of one patio set. 3. Assume that production drops to only 1.000 sets annually. Would vou expect the average product cost per set to increase.Period (Selling Cost Behavior or Product Cost Administrative) Cost Item Variable Fixed Cost Direct Indirect 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 building Administrative office supplies (billing) Administrative office salaries Direct materials used (wood, bolts, etc.) Utilities, factory Total costsCompute the average product cost of one patio set. (Round your final answer to nearest whole dollar.) _ Assume that production drops to only 1,000 sets annually. Would you expect the average product cost per set to increase, decrease, or remain unchanged? Increase Decrease Remain unchanged