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 Costs 1. Plastic for casing-$23,000 2. Wages of assembly workers-589,000 3. Property taxes on factory-$6,000 4. Office accounting salaries-$40,000 5. Drum stands-$29,000 6. Rent cost of office for accountants-$24,000 7. Office management salaries-$175,000 8. Annual fee for factory maintenance-$22,000 9. Sales commissions--$25,000 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