Dozier Company produced and sold 1.000 units during its first month of operations. It reported the following costs and expenses for the month: S 89.000 $ 42.000 $ 20,800 $ 52.800 Direot materials Direot labor Variable manufaturing overhead Fixed manufaturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense Total selling expense Variable administrative expense Fixed administrative expense Total administrative expense $ 98.400 $ 08.200 Requlred: 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? Required 1 Required 2 Required 3 Required 4 Required 5 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 1 Required 2 Required 3 Required 4 Required 5 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 1 Required 2 Required 3 Required 4 Required 5 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 30. Total conversion cost Total prime cost Required 1 Required 2 Required 3 Required 4 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.) Incremental cost per unit produced Dozier Company produced and sold 1.000 units during its first month of operations. It reported the following costs and expenses for the month: S 89.000 $ 42.000 $ 20,800 $ 52.800 Direot materials Direot labor Variable manufaturing overhead Fixed manufaturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense Total selling expense Variable administrative expense Fixed administrative expense Total administrative expense $ 98.400 $ 08.200 Requlred: 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? Required 1 Required 2 Required 3 Required 4 Required 5 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 1 Required 2 Required 3 Required 4 Required 5 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 1 Required 2 Required 3 Required 4 Required 5 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 30. Total conversion cost Total prime cost Required 1 Required 2 Required 3 Required 4 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.) Incremental cost per unit produced
