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Required information

Problem $1-1$A $($Algo$)$ Classifying costs and computing cost per unit LO C$2,$ P$2$

$[$The following information applies to the questions displayed below.$]$

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

Plastic for casing $$16,000$

Costs

Wages of assembly workers $$90,000$

Property taxes on factory $$8,000$

Office accounting salaries $$39,000$

Drum stands $-$$$38,000$

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

Office management salaries $$185,000$

Annual fee for factory maintenance$-$ $$15,000$

Sales commissions $$16,000$

Factory machinery depreciation, straight$-$line$-$ $$37,000$

Problem $1-1$A $($Algo$)$ Part $1$

Required:

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

$\backslash$table$[[$Costs Product,Period,$],[1.$ Plastic for casing,S$,],[2.$ Wages of assembly workers,,$],[3.$ Property taxes on factory,,$],[4.$ Office accounting salaries,,$],[5.$ Drum stands,,$],[6.$ Rent cost of office for accountants,,$],[7.$ Office management salaries,,$],[8.$ Annual fee for factory maintenance,,$],[9.$ Sales commissions,,$],[10.$ Factory machinery depreciation, straight$-$line,,$]]$