Question

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 $516 each Costs 1. Plastic for casing-$19.000 2. Wages of assembly workers-590,000 3. Property taxes on factory-$7,000 4. Accounting staff salaries--$33,000 5. Drum stands (1.000 stands purchased)-$35,000 6. Rent cost of equipment for sales staff-$36.000 7. Upper management salaries-$170,000 8. Annual flat fee for factory maintenance service-$16,000 9. Sales commissions-$25 per unit 10. Machinery depreciation, straight-line-$42.000 9/16/2020 Assignment Print View 9. Award: 6 out of 6.00 points Required: 1. Classify each cost and its amount as (a) either variable or fixed and (b) either product or period. (The first cost is completed as an example.) 1. 2. Cost by Behavior Variable Fixed S 19,000 90,000 $ 7,000 33,000 35,000 36,000 170,000 16,000 25,000 42,000 Costs Plastic for casing Wages of assembly workers Property taxes on factory Accounting staff salaries Drum stands Rent cost of equipment for sales staff Upper management salaries Annual flat fee for factory maintenance service Sales commissions Machinery depreciation, straight-line Cost by Function Product Period s 19,000 90,000 7,000 33,000 35,000 36,000 170,000 5. 6. 7. 8. 16,000 9. 25,000 10. 42,000

Answer 1

96 97 98 99 TrueBeat -Summarized Connect Given data Average Cost Per Unit Total Dollars Direct Materials 19 Direct Labor 90 Variable Manufacturing Overhead 35 Fixed Manufacturing Overhead 65000 (7000+16000+42000) Fixed Selling &dminstrative expenses 239000 (33000+36000+170000) Variable Selling &dminstrative expenses 25 100 101 102 103 104 105 Sales Price Per Unit 516 106 107