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Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. Required Costs 1. Plastic for casing-$17,000 2. Wages
Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. Required Costs 1. Plastic for casing-$17,000 2. Wages of assembly workers-$82,000. 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-$125,000. 8. Annual fee for factory maintenance-$10,000. 9. Sales commissions-$15,000 10. Factory machinery depreciation, straight-line-$40,000... Product Period $17,000 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 SET A Problem 14-1A Classifying costs and computing cost per unit C2 P2
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