Listed here are the costs associated with the production of 1,000 drum sets manufactured by Joey G. Costs: 1. Plastic for casing-$16,000 2. Wages of assembly workers-$88,000 3. Property taxes on factory-$7,000 4. Office accounting salaries-$32,000 5. Drum stands-$37,000 6. Rent cost of office for accountants-$12,000 7. Office management salaries-$170,000 8. Annual fee for factory maintenance-$19,000 9. Sales commissions-$24,000 10. Factory machinery depreciation- $41,000 Required: Classify each cost and its amount as either product or period. The first cost is completed as an example. (Fill in the boxes) Costs Product Period Plastic for casing $16,000 Wages of assembly workers $88,000 Property taxes on factory $7,000 Office accounting salaries $32,000 Drum stands $37,000 Rent cost of office for accountants $12,000 Office management salaries $170,000 Annual fee for factory maintenance $19,000 Sales commissions $24,000 Factory machinery depreciation $41,000 Page 1 of