Problem $14-1$A Cost computation, classification, and analysis LO C$2,$ C$3$

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$[$The following information applies to the questions displayed below.$]$

Listed here are the total costs associated with the production of $1,000$ drum sets manufactured by TrueBeat. The drum sets sell for $$575$ each.

Costs

$1.$ Plastic for casing$$$$21,000$

$2.$ Wages of assembly workers$$$$85,000$

$3.$ Property taxes on factory$$$$5,000$

$4.$ Accounting staff salaries$$$$43,000$

$5.$ Drum stands $(1,000$ stands purchased$)$$$37,000$

$6.$ Rent cost of equipment for sales staff$$$$48,000$

$7.$ Upper management salaries$$$$210,000$

$8.$ Annual flat fee for factory maintenance service$$$$20,000$

$9.$ Sales commissions$$$$20$ per unit

$10.$ Machinery depreciation, straight$-$line$$$$43,000$

Problem $14-1$A Part $1$

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.$)1$

Required Information

Problem $14-1$A Cost computation, classification, and analysis LO C$2,$ C$3$

$[$The following information applies to the questions displayed below.$]$

Listed here are the total costs assoclated with the production of $1,000$ drum sets manufactured by TrueBeat. The drum sets sell for $$575$ each.

Costs

Plastic for casing$-$ $$21,0$

Wages of assembly workers$-$ $$85,0$

Property taxes on factory$-$ $$5,0$

Accounting staff salaries$-$ $$43,0.$

Drum stands $(1,$ stands purchased$)-$$$37,e$

Rent cost of equipment for sales staff$-$ $$48,0$

Upper management salaries$-$ $$210,$

Annual flat fee for factory maintenance service$-$ $$2,$

Sales commissions$-$$$20$ per unit

$1$e$.$ Machinery depreciation, straight$-$line$-$ $$43,$

Problem $14-1$A Part $1$

Required:

Classify each cost and Its amount as $($a$)$ elther varlable or fixed and $($b$)$ elther product or perlod. $($The first cost Is completed as an example.$)$

$\backslash$table$[[,,$Cost by Behavior,Cost by Function$],[,$Costs,Variable,Fixed,Product,Period$],[1.,$Plastic for casing,$21,000,,21,000,],[2.,$Wages of assembly workers,,,,$],[3.,$Property taxes on factory,,,,$],[4.,$Accounting staff salaries,,,,$],[5.,$Drum stands,,,,$],[6.,$Rent cost of equipment for sales staff,,,,$],[7.,$Upper management salaries,,,,$],[8.,$Annual flat fee for factory maintenance service,,,,$],[9.,$Sales commissions,,,,$],[10.,$Machinery depreciation, straight$-$line,,,,$]]$