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Dozier Company produced and sold 1 , 0 0 0 units during its first month of operations. It reported the following costs and expenses for

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 the 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 non-manufocturing cost?
c. What is the total conversion cost and prime cost?
With respect to cost classifications for predicting cost behaviour:
a. What is the total variable manufacturing cost?
b. What is the total fixed cost for the company os a whole?
c. What is the variable cost per unit produced and sold?
If Dozier produced 1,100 units instead of 1,000 units, how much incremental manufacturing cost would they incur to make the
additional 100 units?
Complete this question by entering your answers in the tabs below.
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Required 5
With respect to cost classifications for manufacturers:
a. What is the total manufacturing cost?
b. What is the total non-manufacturing cost?
c. What is the total conversion cost and prime cost?Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month:
Item Amount
Direct materials $ 82,000
Direct labour 41,500
Variable manufacturing overhead (indirect materials)20,200
Fixed manufacturing overhead (depreciation, equipment)31,900
Variable selling expense (commissions)14,600
Fixed selling expense (sales staff salaries)23,200
Variable administrative expense (part-time staff, hourly wages)5,300
Fixed administrative expense (full-time staff, salaries)27,600
Required:
With respect to cost classifications for preparing financial statements:
What is the total product cost?
What is the total period cost?
With respect to cost classifications for assigning costs to cost objects:
What is the total direct manufacturing cost?
What is the total indirect manufacturing cost?
With respect to cost classifications for manufacturers:
What is the total manufacturing cost?
What is the total non-manufacturing cost?
What is the total conversion cost and prime cost?
With respect to cost classifications for predicting cost behaviour:
What is the total variable manufacturing cost?
What is the total fixed cost for the company as a whole?
What is the variable cost per unit produced and sold?
If Dozier produced 1,100 units instead of 1,000 units, how much incremental manufacturing cost would they incur to make the additional 100 units?
1. With respect to cost classifications for preparing financial statements:
a. What is the total product cost?___________
b. What is the total period cost?_________
1a. Total product cost ______________
1b. Total period cost _______________
2. With respect to cost classifications for assigning costs to cost objects:
a. What is the total direct manufacturing cost?________________
b. What is the total indirect manufacturing cost?___________
2a. Total direct manufacturing cost ______________
2b. Total indirect manufacturing cost _________
3. With respect to cost classifications for manufacturers:
a. What is the total manufacturing cost?______________
b. What is the total non-manufacturing cost?____________
c. What is the total conversion cost and prime cost?______________
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3a. Total manufacturing cost __________________
3b. Total non-manufacturing cost____________
3c. Total conversion cost ________________
Total prime cost
4. With respect to cost classifications for predicting cost behaviour:
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?_____________
Note: Round your answer to the nearest whole dollar amount.
Show less
4a. Total variable manufacturing cost ____________
4b. Total fixed cost ___________
4c. Variable cost per unit produced and sold ____________
If Dozier produced 1,100 units instead of 1,000 units, how much incremental manufacturing cost would they incur to make the additional 100 units?
Incremental manufacturing cost ______________________
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