Question

10 Required information [The following information applies to the questions displayed below.] Listed here are the total costs associated with the production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $499 each. Part 2 of 2 3/6 points awarded Scored Costs 1. Plastic for casing-$16,000 2. Wages of assembly workers-$85,000 3. Property taxes on factory-$5,000 4. Accounting staff salaries-$35,000 5. Drum stands (1,000 stands purchased) $31,600 6. Rent cost of equipment for sales staff-$24,000 7. Upper management salaries-$200,000 8. Annual flat fee for factory maintenance service-$14,000 9. Sales commissions-$26 per unit 10. Machinery depreciation, straight-line-$39,000 eBook Print 2. Compute the manufacturing cost per drum set. TrueBeat References Calculation of Manufacturing Cost per Drum Set Item Total cost Per unit cost Variable production costs Drum stands 31,000$ 31 Machinery depreciation x 39,000 0 % Wages of assembly workers ✓ 85,000 0X Sales commissions 0 26 Total variable production costs 155,000 57 Fixed production costs Annual fee for factory maintenance service ✓ 14,000 0X Property taxes on factory 5,000 0X Upper management salaries x 200,000 Rent cost of equipment for sales staff 24,000 0 Total fixed production costs 243,000 0 Total production cost $ 398,000 $ 57 Red text indicates no response was expected the call or a formule-based calculation is incorrect: no points deducted. 0 %

I got some of it wrong and need it fixed to complete my next assignment.

Answer 1

Required: Manufacturing cost per drum set

	Total cost	Per unit cost
Variable production cost:
Plastic for casing	$16,000	$16
Wages of assembly workers	$85,000	$85
Drum stands	$31,000	$31
Total variable cost (A)	$132,000	$132
Fixed production cost:
Property taxes on factory	$5,000	$5
Annual flat fees for maintenance service	$14,000	$14
Machinery depreciation	$39,000	$39
Total fixed production costs (B)	$58,000	$58
Total production cost (A + B)	$190,000	$190