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The following information applies to the questions displayed below.] Listed here are the total costs associated with the 2011 production of 1,000 drum sets manufactured

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The following information applies to the questions displayed below.] Listed here are the total costs associated with the 2011 production of 1,000 drum sets manufactured by NeatBeat. The drum sets sell for $497 each. (Assume there is no ending inventory in the year 2011.) Costs 1. Plastic for casing $22,000 2. Wages of assembly workers-$92,000 3. Property taxes on factory-$4,000 4. Accounting staff salaries-$34,000 5. Drum stands (1,000 stands outsourced) $43,000 6. Rent cost of equipment for sales staff-$36,000 7. Upper management salaries-$155,000 8. Annual flat fee for maintenance service-$22,000 9. Sales commissions-$13 per unit 10. Machinery depreciation-$39,000 20.00 points Required 1. Classify each cost and its amount as (a) either fixed or variable and (b) either product or period. (The first cost is completed as an example.) (Leave no cells blank - be certain to enter "O" wherever required. Omit the "$" sign in your response.) Cost by Behavior Cost Variable 1. Plastic for casing 2. Wages of assembly workers 3. Property taxes on factory 4. Accounting staff salaries 5. Drum stands 22,000 92000 4000 34000 0 22,0 9200 400 3400 3400 34000 23

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