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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: $ 75,000
Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month: $ 75,000 $ 38,000 $ 17,400 29,880 $ 47,200 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 $ 13,200 20,400 $ 33,600 $ 4,600 26,200 $ 30,800 Required: 1. With respect to cost classifications for preparing financial stat a. What is the total product cost? b. What is the total period cost? 2. With respect to cost classifications for ossigning 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: o. 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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