Listed here are the total costs associated with the production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $485 each. Costs 1. Plastic for casing-$20,000 2. Wages of assembly workers-$83,000 3. Property taxes on factory-$7,000 4. Accounting staff salaries-$36,000 5. Drum stands (1,000 stands purchased)-$37,000 6. Rent cost of equipment for sales staff-$36,000 7. Upper management salaries-$140,000 8. Annual flat fee for factory maintenance service-$14,000 9. Sales commissions-$26 per unit 10. Machinery depreciation, straight-line-$50,000 Required: 1. Classify each cost and its amount as (a) either variable or fixed and (b) either product or period. (The first cost is completed as an example.) Costs Cost by Behavior Variable Fixed $ 20,000 Cost by Function Product Period $ 20,000 1. Plastic for casing 2. Wages of assembly workers 3. Property taxes on factory 4. Accounting staff salaries 5. Drum stands 6. Rent cost of equipment for sales staff 7. Upper management salaries 8. Annual flat fee for factory maintenance service 9. Sales commissions 10. Machinery depreciation, straight-line 2. Compute the manufacturing cost per drum set. TrueBeat Calculation of Manufacturing Cost per Drum Set Item Total cost Variable production costs Per unit cost Total variable production costs 0 0 Fixed production costs 0 0 Total fixed production costs Total production cost $ 0 $ 0