Question
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
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 Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense Total selling expense Variable administrative expense Fixed administrative expense Total administrative expense Required: $ 77,000 $ 39,000 5-18,200 30,400 $ 48,600 $ 13,600 21,200 $ 4,800 26,600 $ 34,000 $31,400 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 Dren
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