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The Dorlane Company produces a set of wood patio furniture consisting of a table and four chairs. The company has enough customer demand to justify

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The Dorlane 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 3.800 sets per yeat Annual cost data at full capacity follow Direct labor Advertising Factory supervision Property taxes, factory building Sales comissions Insurance, factory Depreciation, disinistrative office equipant Loate cost, factory equipment Indirect satarials, factory Depreciation factory building Administrative office supplies (billing Administrative office salaries Direct nutarials used (wiod, bolts, etc.) Utilities, Factory $ 0.00 $100,000 $ 72,000 5 25,000 57,000 $ 2,00 $ 2,00 1 15,00 120,000 $100,000 3.000 $ 115,000 $ 420,000 $ 42,000 Requtred: 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 telling and administrative cost of a product cost of 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 1000 sets annually. Would you expect the average product cost per set to increase, decretde. or remain unchanged? Complete this question by entering your answers in the tabs below. Required Required 2 Required a Enter the dollar amount of each cost item under the appropriate headings. Note that each cest item is classified in two wayat first s 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 ttf the item is a product cost. It should also be classified as either direct or indirect.) Cost Deator Produtos Direct Variante OF Administrative Cast Fred Castle Debor Advertising Factory supervision Proverty as actory building Saeco Insurance factory Oration, administrative of equwt Los Dos Factory aguion direct material actory Depron fattory building Adminle supplies (b) Administrative officers Directed wood, bote Uutest Total costs

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