Question: PROBLEM SET A Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. Costs Product Period $17.000 Problem 18-1A
PROBLEM SET A Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. Costs Product Period $17.000 Problem 18-1A Classifying costs and computing cost per unit C2 P2 1. Plastic for casing-$17.000 2 Wages of assembly workers--582,000 3. Property taxes on factory--$5,000 4. Office accounting salaries --$35.000 5. Drum stands- $26,000 6. Rent cost of office for accountants-$10,000 7. Office management salaries-S125,000 8. Annual fee for factory maintenance-$10,000 9. Sales commissions - 515,000 10. Factory machinery depreciation, straight-line-$40,000 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
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