HiFi Sound Systems Produces Speakers for Movie Theaters That Sell

Essay

HiFi Sound Systems produces speakers for movie theaters that sell for $1,200 each.Listed below are selected cost items for the production of 600 units.
$$\begin{array} { l r r r } & & \text { Cost by Behaviar } && \text { Cost by Function } \\&&\text { Variable}&\text { Fixed}&\text {Product }&\text {Period }\\ \text { Plastic for speaker casings } & \$ 150,000 & & \\\text { Assembly labor } & 200,000 & & \\\text { Factory property taxes } & 22,000 & & \\\text { Accourting staff salaries } & 75,000 & & \\\text { Sales officerent } & 10,000 & & \\\text { Sales manager's salary } & 60,000 & & \\\text { Depreciation on factory } & & & \\\text { equipment } &23,000 &\\ \text { Sales commissions } & 36,000\end{array}$$
Classify each cost as either fixed or variable,and either a product or a period cost.