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Chapter 1 i Saved Help Save & Exit Submit Q Check my work 2 Dozier Company produced and sold 1,000 units during its first month
Chapter 1 i Saved Help Save & Exit Submit Q Check my work 2 Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month: 6.66 Direct materials $ 83,000 points Direct labor $ 42,000 Variable manufacturing overhead $ 20,600 O Fixed manufacturing overhead 32, 200 Total manufacturing overhead $ 52,800 eBook Variable selling expense $ 14, 800 Fixed selling expense 23, 600 Print Total selling expense $ 38, 400 References Variable administrative expense $ 5,400 Fixed administrative expense 27, 800 Total administrative expense $ 33, 200 Required: Q 1. With respect to cost classifications for preparing financial statements: a. What is the total product cost? b. What is the total period cost? + 2. With respect to cost classifications for assigning costs to cost objects: a. What is total direct manufacturing cost? b. What is the total indirect manufacturing cost? 3. With respect to cost classifications for manufacturers: a. What is the total manufacturing cost? b. What is the total nonmanufacturing cost? c. What is the total conversion cost and prime cost? 4. With respect to cost classifications for predicting cost behavior: Mc Graw Hill
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