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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 | $ | 82,000 | ||||||||||||||||||
Direct labor | $ | 41,500 | ||||||||||||||||||
Variable manufacturing overhead | $ | 20,200 | ||||||||||||||||||
Fixed manufacturing overhead | 31,900 | |||||||||||||||||||
Total manufacturing overhead | $ | 52,100 | ||||||||||||||||||
Variable selling expense | $ | 14,600 | ||||||||||||||||||
Fixed selling expense | 23,200 | |||||||||||||||||||
Total selling expense | $ | 37,800 | ||||||||||||||||||
Variable administrative expense | $ | 5,300 | ||||||||||||||||||
Fixed administrative expense | 27,600 | |||||||||||||||||||
Total administrative expense | $ | 32,900 | ||||||||||||||||||
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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