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 2,200 sets per quarter. Quarterly cost data at full capacity follow:

Factory labour, direct	$	119,000
Advertising		50,200
Factory supervision		40,200
Property taxes, factory building		3,700
Sales commissions		81,000
Insurance, factory		2,700
Depreciation, office equipment		4,200
Lease cost, factory equipment		12,200
Indirect materials, factory		6,200
Depreciation, factory building		10,200
General office supplies (billing)		3,200
General office salaries		61,000
Direct materials used (wood, bolts, etc.)		95,000
Utilities, factory		20,200

	Cost Behaviour		Selling and Administrative Cost	Product Cost
Cost Item	Variable	Fixed		Direct	Indirect*
Factory labour, direct	$119,000			$119,000
Advertising		50,200	50,200
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.

2.	Compute the average product cost per patio set. (Round your answer to 2 decimal places.)