2. The Chutes and Ladders Company specializes in producing a set of oversize lawn games consisting...

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2. The Chutes and Ladders Company specializes in producing a set of oversize lawn games consisting of game pieces and a storage box. The sets are very popular, and the company has ample orders to keep production going at its full capacity of 1,250 sets per year. Annual cost data at full capacity follow: Direct labour $ 156,500 Advertising $ 45,900 Factory supervision $ SA 48,900 Property taxes, factory building 59 $ 3,300 Sales commissions $ 71,600 Insurance, factory $ 2,600 Depreciation, administrative office equipment 59 $ 3,400 Lease cost, factory equipment 59 $ 19,100 Indirect materials, factory SA $ 4,700 Depreciation, factory $ SA 14,800 Administrative office supplies $ 2,500 Direct materials used (wood, bolts, etc.) $ 61,200 Utilities, factory $ 21,000 Required: a) Enter the dollar amount of each cost item under the appropriate headings. Note that each cost item is classified in two ways: first, as either variable or fixed with respect to the number of units produced and sold, and second, as either 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. The Chutes and Ladders Company specializes in producing a set of oversize lawn games consisting of game pieces and a storage box. The sets are very popular, and the company has ample orders to keep production going at its full capacity of 1,250 sets per year. Annual cost data at full capacity follow: Direct labour $ 156,500 Advertising $ 45,900 Factory supervision $ SA 48,900 Property taxes, factory building 59 $ 3,300 Sales commissions $ 71,600 Insurance, factory $ 2,600 Depreciation, administrative office equipment 59 $ 3,400 Lease cost, factory equipment 59 $ 19,100 Indirect materials, factory SA $ 4,700 Depreciation, factory $ SA 14,800 Administrative office supplies $ 2,500 Direct materials used (wood, bolts, etc.) $ 61,200 Utilities, factory $ 21,000 Required: a) Enter the dollar amount of each cost item under the appropriate headings. Note that each cost item is classified in two ways: first, as either variable or fixed with respect to the number of units produced and sold, and second, as either 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.)