Question: I really need help on how to do this please 52 Required information Problem 14-1A (Algo) Classifying costs and computing cost per unit LO C2,


52 Required information Problem 14-1A (Algo) Classifying costs and computing cost per unit LO C2, P2 The following information applies to the questions displayed below) Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat Coats 1. Platie for CAN-$25,000 2. Wages of achly worker--555,000 3. Property taxes on factory-55,000 4. Orice accounting salaries-532,000 5. Drum standa-$8,000 6. Rent cost of office for accountants 524.000 7. orice management salaries-$125,000 8. Annual fee for factory maintenance-$21,000 9. Sales commission-$14.000 10. Factory machinery depreciation, straight-line-562,000 Problem 14-1A (Algo) Part 1 Required: 1. Classify each cost and its amount as either product or period. The first cost is completed as an example, Answer is not complete. Costs Product Period 12 Required: 1. Classify each cost and its amount as either product or period. The first cost is completed as an example. Period Answer is not complete. Costs Product 1. Plastic for casing $ 23,000 2. Wages of assembly workers 85,000 3. Property taxes on factory 5,000 4. Office accounting salaries 32,000 3 5. Drum stands 38.000 6. Rent cost of office for accountants 24,000 7. Office management salaries 125,000 8. Annual fee for factory maintenance 21,000 9. Sales commissions 4,000 10. Factory machinery depreciation, straight-line 42,000 of office for tat-24.000 7. Orice management salaries-125.000 8. Annual fee for factory, maintenance-521.000 9. sales cle-314,000 10. Factory machinery depreciation, straight line-542.000 2 of 2 Problem 14-1A (Algo) Part 2 2. Compute the average manufacturing cost per drum set Calculation of Manufacturing Cost per Drum Set Manufacturing costs ok cos Total manufacturing costs
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