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Problem \#1 The Dorilane Company produces a set of wood patio furniture consisting of a...

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Accounting

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Problem \#1 The Dorilane 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 2.000 sets per year. Annual cost data at full capacity follow: 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 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)

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