Dozier Company produced and sold $1,000$ units during its first month of operations. It reported the following costs and expenses for

the month:

Required:

With respect to cost classifications for preparing financial statements:

a$.$ What is the total product cost?

b$.$ What is the total period cost?

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?

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?

With respect to cost classifications for predicting cost behavior:

a$.$ What is the total variable manufacturing cost?

b$.$ What is the total fixed cost for the company as a whole?

c$.$ What is the variable cost per unit produced and sold?

With respect to cost classifications for decision making:

a$.$ If Dozier had produced $1,001$ units instead of $1,000$ units, how much incremental manufacturing cost would it have incurred to

make the additional unit?

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