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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: Direct materials
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 | $ | 74,000 | ||||
Direct labor | $ | 37,500 | ||||
Variable manufacturing overhead | $ | 17,000 | ||||
Fixed manufacturing overhead | 29,500 | |||||
Total manufacturing overhead | $ | 46,500 | ||||
Variable selling expense | $ | 13,000 | ||||
Fixed selling expense | 20,000 | |||||
Total selling expense | $ | 33,000 | ||||
Variable administrative expense | $ | 4,500 | ||||
Fixed administrative expense | 26,000 | |||||
Total administrative expense | $ | 30,500 |
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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?
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