Required informationComplete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended

December $31.$

Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended

December $31.$

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Required $1$

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Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended

December $31.$Problem $14-1$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,,$],[2.$ 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,,$]]$

Problem $14-1$A $($Algo$)$ Classifying costs and computing cost per unit LO C$2,$ P$2$

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

Costs

$1.$ Plastic for casing$$$$17,000$

$2.$ Wages of assembly workers$$$$80,000$

$3.$ Property taxes on factory$$$$6,000$

$4.$ Office accounting salaries$$$$42,000$

$5.$ Drum stands$$$$38,000$

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

$7.$ Office management salaries$$$$145,000$

$8.$ Annual fee for factory maintenance$$$$20,000$

$9.$ Sales commissions$$$$17,000$

$10.$ Factory machinery depreciation, straight$-$line$$$$45,000$

Problem $14-1$A $($Algo$)$ Part $1$

Required:

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