Dozier Company produced and sold 1000 units during ts first month of operations, it reported the following costs and expenses for the month: 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 71,000 36,000 44,400 - % 31,200 2 29,600 % 15,800 28,600 12,400 18,800 s 4,200 25,400 Required: 1. With respect to cost classifications for preparing financlal statements: a. What is the total product cost? b. What is the total period cost? 3 of 6 Next>