DA$12\mathrm{.}1$ Data analytics can be used to analyze product costs.

Santos Company began operations at the beginning of this year. It produces teak lounge chairs for luxury hotels and resorts. Demand for the chairs has been increasing steadily, and as a result the company has acquired more production space and equipment. The company has chosen practical capacity to allocated fixed overhead costs. Information concerning production and sales levels, unit selling prices and unit costs of the chairs is provided here.