Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat.

Costs

1. Plastic for casing$19,000

2. Wages of assembly workers$90,000

3. Property taxes on factory$6,000

4. Office accounting salaries$41,000

5. Drum stands$41,000

6. Rent cost of office for accountants$48,000

7. Office management salaries$170,000

8. Annual fee for factory maintenance$14,000

9. Sales commissions$27,000

10. Factory machinery depreciation, straight-line$45,000

Required: 1. Classify each cost and its amount as either product or period.