Required information Problem 1-1A (Algo) Classifying costs and computing cost per unit LO C2, P2 [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- $22,000 Costs 2 . Wages of assembly workers $92,000 3. Property taxes on factory $6,000 4. Office accounting salaries $33,000 5. Drum stands $34,000 6. Rent cost of office for accountants $48,000 7. Office management salaries $210,000 8. Annual fee for factory maintenance- $15,000 9. Sales commissions $26,000 10. Factory machinery depreciation, straight-line- $44,000 Problem 1-1A (Algo) Part 1 Required: 1. Classify each cost and its amount as either product or period. The first cost is completed as an example
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