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Dozler Company produced and sold 1,000 units during Its first month of operations. It reported the following costs and expenses for the month: Required: 1.
Dozler Company produced and sold 1,000 units during Its first month of operations. It reported the following costs and expenses for the month: Required: 1. With respect to cost classifications for preparing financlal statements: a. What is the total product cost? b. What is the total perlod 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 nonmanufacturlng 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 varlable manufacturing cost? b. What is the total fixed cost for the company as a whole? c. What is the varlable cost per unlt produced and sold? 5. With respect to cost classifications for decision making: a. If Dozler had produced 1,001 unlts Instead of 1,000 units, how much Incremental manufacturing cost would It have Incurred to make the additional unit? Complete this question by entering your answers in the tabs below. 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
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