PROBLEM SET A Listed here are the total costs associated with the 2017 production of 1,000 drum TrueBeat. The drum sets sell for $500 each. Variable or Fixed Product or Fixed Product Cost c Costs $17.000$17.000 C2 C3 1 Plastic for $17,000 3. Property taxes on factory-$5,000... 4. Accounting staff salaries-$35,000. . . . . . . 5. Drum stands (1,000 stands purchased--$25,000. . . . 6. Rent cost Of equipment for sales staff-$10,000..................- nt salaries-$ 1 25,000 . . Annual flat fee for factory maintenance service-$10,000 str Required 1. Classify each cost and its amount as (a) either variable or fixed and (b either product or period. (The Check (1) Total variable cost, $125,000 first cost is completed as an example.) 2. Compute the manufacturing cost per drum set Analysis Component 3. Assume that 1,200 drum sets are produced in the next year. What do you predict will be the total o of plastic for the casings and the per unit cost of the plastic for the casings? Explain. 4. Assume that 1,200 drum sets are produced in the next year. What do you predict will be the total co of property taxes and the per unit cost of the property taxes? Explain