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...

Compute the average product cost of one patio set. (Round your final answer to nearest whole dollar.)

Average product cost                    per set

Assume that production drops to only 1,000 sets annually. Would you expect the average product cost per set to increase, decrease, or remain unchanged?

Increaseradio button unchecked

Decreaseradio button unchecked

Remain unchangedradio button unchecked