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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 Direct

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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 Direct materials Direct labor $ 86,000 $ 43,500 Variable manufacturing overhead Fixed manufacturing overhead $ 21,800 33,100 Total manufacturing overhead $ 54,900 Variable selling expense Fixed selling expense Total selling expense Variable administrative expense Fixed administrative expense $ 15,400 24,800 $ 5,700 28,400 $ 40,200 Total administrative expense $ 34,100 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 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 a. What is the total variable manufacturing cost? b. What is the total fixed cost for the company as a whole?

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