Question
THIS QUESTION IS SPLIT INTO TWO BECAUSE THEY WON'T F*CKING ANSWER ALL OF THEM AT ONCE Dozier Company produced and sold 1,000 units during its
THIS QUESTION IS SPLIT INTO TWO BECAUSE THEY WON'T F*CKING ANSWER ALL OF THEM AT ONCE
Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month: Direct materials $ 88,000 Direct labor $ 44,500 Variable manufacturing overhead $ 22,600 Fixed manufacturing overhead 33,700 Total manufacturing overhead $ 56,300 Variable selling expense $ 15,800 Fixed selling expense 25,600 Total selling expense $ 41,400 Variable administrative expense $ 5,900 Fixed administrative expense 28,800 Total administrative expense $ 34,700 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?
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