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 $75,000

Direct labor $38,000

Variable manufacturing overhead$17,400

Fixed manufacturing overhead 29,800

Total manufacturing overhead $47,200

Variable selling expense $13,200

Fixed selling expense 20,400

Total selling expense $33,600

Variable administrative expense $4,600

Fixed administrative expense 26,200

Total administrative expense $30,800

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?

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

5. 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?

Complete this question by entering your answers in the tabs below.

Required 1

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 total direct manufacturing cost?

b. What is the total indirect manufacturing cost?

2a: total direct manufacturing cost?

2b: total indirect manufacturing cost?

Required 3

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?

3a: total manufacturing cost?

3b: total nonmanufacturing cost?

3c: Total conversion cost?

Total prime cost

Required 4

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?

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?

4c: Variable cost for unit produced and sold?

Required 5

5. 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? (Round your answer to the nearest whole dollar amount.)

5a: incremental cost per unit produced?