Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. 1. Plastic for casing-$18,000 Costs 2. Wages of assembly workers-$85,000 3. Property taxes on factory-$4,000 4. Office accounting salaries-$38,000 5. Drum stands-$40,000 6. Rent cost of office for accountants-$24,000 7. Office management salaries-$225,000 8. Annual fee for factory maintenance-$20,000 9. Sales commissions-$20,000 10. Factory machinery depreciation, straight-line-$42,000
Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. 1. Plastic for casing-$18,000 Costs 2. Wages of assembly workers-$85,000 3. Property taxes on factory-$4,000 4. Office accounting salaries-$38,000 5. Drum stands-$40,000 6. Rent cost of office for accountants-$24,000 7. Office management salaries-$225,000 8. Annual fee for factory maintenance-$20,000 9. Sales commissions-$20,000 10. Factory machinery depreciation, straight-line-$42,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Required Information
[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-$18,000
Costs
2. Wages of assembly workers-$85,000
3. Property taxes on factory-$4,000
4. Office accounting salaries-$38,000
5. Drum stands-$40,000
6. Rent cost of office for accountants-$24,000
7. Office management salaries-$225,000
8. Annual fee for factory maintenance-$20,000
9. Sales commissions-$20,000
10. Factory machinery depreciation, straight-line-$42,000
2. Compute the average manufacturing cost per drum set.
Calculation of Manufacturing Cost per Drum Set
Manufacturing costs
Total manufacturing costs](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2b43d1ef-5588-49d0-a535-79f01f23a362%2F16ce8bff-6a12-4bc3-b833-a4906b11f2c0%2F170yb58_processed.png&w=3840&q=75)
Transcribed Image Text:Required Information
[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-$18,000
Costs
2. Wages of assembly workers-$85,000
3. Property taxes on factory-$4,000
4. Office accounting salaries-$38,000
5. Drum stands-$40,000
6. Rent cost of office for accountants-$24,000
7. Office management salaries-$225,000
8. Annual fee for factory maintenance-$20,000
9. Sales commissions-$20,000
10. Factory machinery depreciation, straight-line-$42,000
2. Compute the average manufacturing cost per drum set.
Calculation of Manufacturing Cost per Drum Set
Manufacturing costs
Total manufacturing costs
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