Costs

$1.$ Plastic for casing$$$$20,000$

$2.$ Wages of assembly workers$$$$92,000$

$3.$ Property taxes on factory$$$$6,000$

$4.$ Office accounting salaries$$$$37,000$

$5.$ Drum stands$$$$31,000$

$6.$ Rent cost of office for accountants$$$$36,000$

$7.$ Office management salaries$$$$150,000$

$8.$ Annual fee for factory maintenance$$$$14,000$

$9.$ Sales commissions$$$$19,000$

$10.$ Factory

Classify each cost and its amount as either product or period. The first cost is completed as a example

Costs Product Period product price

$1.$ Plastic for casing $$20,000$

$2.$ Wages of assembly workers

$3.$ Property taxes on factory

$4.$ Office accounting salaries

$5.$ Drum stands

$6.$ Rent cost of office for accountants

$7.$ Office management salaries

$8.$ Annual fee for factory maintenance

$9.$ Sales commissions

$10.$ factory machinery depreciation

Compute the average manufacturing cost per drum set

Calculation of Manufacturing Cost per Drum Set

Manufacturing costs

Total manufacturing costs $$0$