Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month: Item Amount Direct materials 69,000 Direct labour 35,000 Variable manufacturing overhead (indirect materials) 15,000 Fixed manufacturing overhead (depreciation, equipment) 28,000 Variable selling expense (commissions) 12,000 Fixed selling expense (sales staff salaries) 18,000 Variable administrative expense (part-time staff, hourly wages) 4,000 Fixed administrative expense (full-time staff, salaries) 25,000 Required 1. With respect to cost classifications for preparing financial statements: (10 marks) 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: (10 marks) a. What is the total direct manufacturing cost? b. What is the total indirect manufacturing cost? 3. With respect to cost classifications for manufacturers: (15 marks) a. What is the total manufacturing cost (assume there are no opening or closing balances for WIP inventories)? b. What is the total non-manufacturing cost? c. What is the total conversion cost and prime cost? 4. With respect to cost classification for predicting cost behaviour: (15 marks) 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