Required information [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. 1. Plastic for casing-$19,000 Costs 2. Wages of assembly workers-$85,000 3. Property taxes on factory-$4,000 4. Office accounting salaries-$32,000 5. Drum stands-$35,000 6. Rent cost of office for accountants-$48,000 7. Office management salaries-$220,000 8. Annual fee for factory maintenance-$14,000 9. Sales commissions-$24,000 10. Factory machinery depreciation, straight-line-$39,000 Required: 1. Classify each cost and its amount as either product or period. The first cost is completed as an example.