Chapter 14 Practice a https:/ewcorrect.rnheducation.cornflow/connect.html Help Save & Exit Chapter 14 Practice Check n Required information (The following information applies to the questions displayed below Listed here are the total costs associated with the 2017 production of 1,000 drum sets Part 1 of 2 manufactured by TrueBeat. The drum sets sell for $500 each. 1. Plastic for casing-$17,000 2. Wages of assenbly workers-$82,000 3. Property taxes on factory-$5,000 4. Accouniting staff salaries-$35,000 5. Drum stands (1,000 stands purchased)-$26,000 6. Rent cost of equipmentt for sales staff-$10,000 7. Upper management salaries-$i25,000 8- Ansual flat fee tor tactory maintenance service-$10,000 9.Sales commissions-$15 per unit 10. Machinery depreciation, straight-1ine-$40,000 10 Required: 1. Classify each cost and its amount as (a) either variable or fixed and (b) either product or period. (The first cost is completed as an example) Cost by Func Product Variable Fixed 1. Plastic for casing 17,000 Prev Of 3 Next esc a Search Default 2 3 4 6 ne File Edit View History Bookmarks People Window Help Chapter 14 Practice apter 14 Practice Help Save & ExitSubr Check my work Required: 1. Classify each cost and its amount as (a) either variable or fixed and (b) either product or period. (The first cost is completed as an example.) Part 1 of 2 t by Cost by Function Fixed 10 1 Plastic for casing 2. Wages of assembly workers 3. Property taxes on factory 4. Accounting staff salaries 5. Drum stands $ 17000 7,000 Rent cost of equipment for sales staff 7. Upper management salaries 8. Annual fat fee for factory maintenance service 9 Sales 10. Machinery depreciation, straight-line 12of 3i Next > c Prev a Search Default 2 3 4 6