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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
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 apped Direct materials Direct labour Variable manufacturing overhead (indirect materials) Fixed manufacturing overhead (depreciation, equipment). Variable selling expense (commissions) Fixed selling expense (sales staff salaries) Amount $75,000 38,000 17,400 29,500 13,200 20,400 look Variable administrative expense (part-time staff, hourly wages) Fixed administrative expense (full-time staff, salaries) 4,600 26.200 rences Required: 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 the 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 non-manufacturing cost? c. What is the total conversion cost and prime cost? 4. With respect to cost classifications for predicting cost behaviour a. What is the total variable manufacturing cost? 4 S kipped Book ferences 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? 1 5. 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. Required 1 Required 2 Required 3 Required 4 Required 51 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 Required 2 > 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 eBook References 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? 3a Total manufacturing cost 3b Total non-manufacturing cost 3c Total conversion cost" Total prime cost Next > Show less & eBook 4. With respect to cost classifications for predicting cost behaviour: a. What is the total variable manufacturing cost? References b. What is the total fixed cost for the company as a whole? c. What is the variable cost per unit produced and sold? (Round your answer to the nearest whole dollar amount.) 4a. Total variable manufacturing cost 4b Total fixed cost Ar Variable cost per unit produced and sold Show less a Book rences 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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