PROBLEM SET A Problem 18-1A Classifying costs and computing cost per unit C2 P2 Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. Required 1. Classify each 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. Problem 18-2A Classifying costs C2 The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. Required Advertising expense $28,750 Direct labor $675.480 Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation espanse Factory equipment..... Raw materials purchases (all direct materials) Maintenance expense-Factory equipment. Factory cities 7,250 Indirect labor 159.475 8,600 Office salaries expense. 63.000 49.325) Rent expense-Office space 22.000 925,000 Rent expense-Selling space 26.100 35,400 33,000 Rent expense Factory building. Sales salaries expens 76.800 392,560 Identify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labor, or factory overhead. If a period cost, classify it as a selling expense or a general and administrative expense.