Help Save& Exit S Check my w 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? a. If Dozier had produced 1,001 units instead of 1,000 units, how much incremental manufacturing cost would it have incurred to make the additional unit? 5. With respect to cost classifications for decision making: Check my w Problem 1-24 Different Cost Classifications for Different Purposes [L01-1, LO1-2, LO1-3, LO1-4 LO1-5) Dozler Company produced and sold 1,000 units durin expenses for the month: g its first month of operations. It reported the following costs and Direct materials Direct labor Variable manufacturing overhead $19,000 Fixed manufacturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense Total selling expense Variable administrative expense 5,0e0 $79,000 $40,000 31,000 $ 50,000 $14,000 22,000 $36,000 Help Save& Exit S Check my w 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? a. If Dozier had produced 1,001 units instead of 1,000 units, how much incremental manufacturing cost would it have incurred to make the additional unit? 5. With respect to cost classifications for decision making: Check my w Problem 1-24 Different Cost Classifications for Different Purposes [L01-1, LO1-2, LO1-3, LO1-4 LO1-5) Dozler Company produced and sold 1,000 units durin expenses for the month: g its first month of operations. It reported the following costs and Direct materials Direct labor Variable manufacturing overhead $19,000 Fixed manufacturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense Total selling expense Variable administrative expense 5,0e0 $79,000 $40,000 31,000 $ 50,000 $14,000 22,000 $36,000
