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

Costs

$1.$ Plastic for casing$-$$$16,000$

$2.$ Wages of assembly workers$-$$$88,000$

$3.$ Property taxes on factory$-$$$4,000$

$4.$ Office accounting salaries$-$$$31,000$

$5.$ Drum stands$-$$$36,000$

$6.$ Rent cost of office for accountants$-$$$36,000$

$7.$ Office management salaries$-$$$125,000$

$8.$ Annual fee for factory maintenance$-$$$13,000$

$9.$ Sales commissions$-$$$27,000$

$10.$ Factory machinery depreciation, straight$-$line$-$$$43,000$

Required:

$1.$ Classify each cost and its amount as either product or period. The first cost is completed as an example.