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--$90,000 3. Property taxes on factory-$7,000 4. Accounting staff salarles-$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.) Costs 1. Cost by Behavior Variable Fixed $ 19,000 90,000 $ 7,000 2. 3. Cost by Function Product Period $ 19,000 90,000 7,000 33,000 35,000 36,000 170,000 33,000 5. 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 35,000 6. 36,000 7. 170,000 16,000 8. 16,000 25,000 25,000 9. 10. 42,000 42,000

Answer 1

			Cost by Behavior	Cost by Function
Req 1		Costs	Variable	Fixed	Product	Period
	1	Plastic for casing	19,000		19,000
	2	Wages of assembly workers	90,000		90,000
	3	Property taxes on factory		7,000	7,000
	4	Accounting staff salaries		33,000		33,000
	5	Drum stands	35,000		35,000
	6	Rent cost of equipment for sales staff		36,000		36,000
	7	Upper management salaries		170,000		170,000
	8	Annual flat fee paid for maintenance service on factory equipment		16,000	16,000
	9	Sales commissions	25,000			25,000
	10	Machinery depreciation, straight-line		42,000	42,000
Req 2		DrumBeat
		Caluclation of manufacturing cost per Drum Set
			Total Cost	Per Unit
		Variable Production Cost:
		Plastic for casing	19,000	19
		Wages of assembely workers	90,000	90
		Drum Stand	35,000	35
		Total VARIABLE PRODUCTION COST	144,000	144
		Fixed production cost
		Property tax factory	7,000	7
		Flat fee for factory maintenance	16,000	16
		machine Depreciation	42,000	42
		Total Fixed production cost	65,000	65
		Total production cost	209,000	209

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