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Dozler Company produced and sold 1000 units during its first month of operations. It reported the following costs and expenses for the month $ 79,
Dozler Company produced and sold 1000 units during its first month of operations. It reported the following costs and expenses for the month $ 79, eee $ 40,000 $ 19,888 31.eee $ 50,000 Direct materials Direct Labor Variable manufacturing overhead Fixed manufacturing over head Total manufacturing overhead Variable selling expense Fixed selling expense Total Selling experise Variable administrative expense Fixed administrative expense Total administrative experise $ 14,000 22.000 $ 36,000 $ 5,000 27, eee $ 32,000 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 behavion a What is the total variable manufacturing cost? b. What is the total fixed cost for the company as a whole? What is the variable cost per unit produced and sold? 5. With respect to cost classifications for decision making 2.1 Dozler had produced 100 units instead of 1,000 units, how much increments manufacturing cost would It have incurred to make the additiona unt? Complete this question by entering your answers in the tabs below
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