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SEE PROBLEN 1-24 Different Cost Classications for Different purposes LOT-LO De Cuy produced and sold 1.000 during its first month of operations. In 569.000 $35,000

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SEE PROBLEN 1-24 Different Cost Classications for Different purposes LOT-LO De Cuy produced and sold 1.000 during its first month of operations. In 569.000 $35,000 owing cost and expenses for the month: $15.000 28.000 543.000 Dec Venacting Overhead $12.000 18.000 $30,000 $4,000 25,000 $29,000 Tonttum werd be seting expen gexpense Togeense be administrative expense Free Total white expense Required: 1 With respect to cost classifications for preparing financial statements What is the total product cost? What is the total period ost? 2 With respect to cost classifications for assigning costs to cost objects: What is total direct manufacturing cost? What is the total indirect manufacturing cost? With respect to cont classifications for manufacturers What is the total manufacturing cost? What is the season anfacturing cost? What is the total conversion cost and prime cost? With respect to cost classifications for predicting cost behavior: What is the total variable manufacturing cost? 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: Dorier had produced 1.001 units instead of 1.000 units, how much incremental man facturing cost would it have incurred to make the additional unit

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