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Dozier Company produced and sold 1,000 units during its first month of operations the month: Direct materials Direct labor $ 75,000 $ 38,000 Variable
Dozier Company produced and sold 1,000 units during its first month of operations the month: Direct materials Direct labor $ 75,000 $ 38,000 Variable manufacturing overhead Fixed manufacturing overhead $ 17,400 29,800 Total manufacturing overhead Variable selling expense $ 47,200 Fixed selling expense Total selling expense Fixed administrative expense $ 13,200 20,400 $ 33,600 Variable administrative expense $ 4,600 26,200 $ 30,800 Total administrative expense 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:
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