Managerial Accounting-

Questions below the table

Sorry about that. Here is the rest of the information.

Cost Behavior Variable Fixed Period Costs Selling & Administrative Costs Product Costs Direct Indirect Cost Item $120,000 $120,000 $30,000 $20,000 Example: Direct materials used: $120,000 (aluminum, glass, etc.) Example: Administrative office salaries: $30,000 1. Sales commission: $20,000 2. Depreciation factory building: $10,000 3. Depreciation, administrative office equipment: $4,000 4. Indirect materials, factory: $7,000 5. Factory labor (cutting and assembly): $140,000 $30,000 $20,000 $10,000 $4,000 $10,000 $4,000 $7.000 $7,000 $140,000 $140,000 $10,000 $10,000 $2000 $2,000 $3,000 $3,000 $12.000 $30.000 6. Advertising $10,000 7. Insurance, factory: $2,000 8. Administrative office supplies (billing): $3,000 9. Property taxes, factory: $12,000 10. Utilities, factory: $30,000 11. Factory supervision: $45,000 12. Lease cost, factory equipment: $10,000 13. Property taxes, administrative building: $3,000 14. Executive salaries: $160,000 15. Factory maintenance salaries: $60,000 $12.000 $30.000 $45.000 $10.000 $45.000 $10,000 $3,000 $160,000 $60,000 $3,000 $160,000 $60,000 Part 2: (Worth 5.5 pts.) Compute the average product cost per patio table set (show all computations): Average Cost= Part 3: (Worth 5.5 pts. Due to increase demand, assume that production will increase in 2020 to 3,000 patio table sets. Would you expect the average product cost per table set to increase, decrease, or remain unchanged? Explain. Do not just answer "increase", "decrease", or "remain unchanged." Determine the new average product cost per table set if 3,000 units are produced next year in 2020. Tiki, Inc. began production in January 2019 of a new aluminum patio table. The new table set, which includes a table and four chairs, has been very popular with their customers this past year. The company produced 2.500 patio table sets in 2019. REQUIRED: Part 1: (Worth 15 pts.) watt 1 L ---L