Question: compute the aberage manufacturing cost per drum set PROBLEM SET A Problem 18-1A Classifying costs and computing cost per unit C2 P2 Listed here are

PROBLEM SET A Problem 18-1A Classifying costs and computing cost per unit C2 P2 Listed here are the costs associated with the production of 1,000 drum sets manufactured by True Beat. Required 1. Classify cach cost and its amount as either product or period. The first cost is completed as an example. 2. Compute the average manufacturing cost per drum set. Problem 18-2A Classifying costs C2 The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. Advertising expense. $ 28,750 Direct labor $675.480 Indirect labor 159,475 7.250 8,600 Office salaries expense. 63.000 Rent expense-Office space... 22,000 Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment. Raw materials purchases (all direct matorial) Maintenance expense-Factory equipment a Factory utilis Rent expense-Selling space, 26,100 49,325 925.000 35,400 33.000 76.800 Rent expanse-Factory building. Sales salaries expense. 392560 Required Identify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labor, or factory overhead. If a period cost, classify it as a selling expense or a general and administrative expense
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