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Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month: $ 82,000 $ 41,500 $ 20,200 31,900 $ 52,100 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense Total selling expense Variable administrative expense Fixed administrative expense Total administrative expense $ 14,600 23,200 $ 37,800 $ 5,300 27,600 $ 32,900 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? 5. With respect to cost classifications for decision making: 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 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? Show less 3a. Total manufacturing cost 3b. Total nonmanufacturing cost 3c. Total conversion cost Total prime cost

Answer 1

Ja. Tolal produd cost $ 175,600 13b. I Total Denied cord f 70,700 Explanadions : Ja. Tolal produel costes compiled as follows : Dineel malercials $ 82000 Danced labore - $ 41,500 Total manufacleming, $ 52,100 Overhead Total produel cost ? $ 179,600 Cane) 16. Todal period cost is computed as follows: Total selling expense of 37,800 Total administrative expense $ 32,900 Todal period cost - $ 70,700 CANK) @ laa. Todal dereed manuferdoningcost $ 123500 lab.trolal eindisree-/ manidaederring cost 1?_52100 Explanadians : 2. Total dirreed manufacturing cost as competed as follows: Direed materials = $ 82000 Dereed Labor - 8 41,500 Total dieel manufacturing cool - 123,500 (Ans.)

LCORCU GA 36. Totalendiried manufacluring costis compiled as follows: Variable manufacturing Overhead = $ 20,200 : Fixed manufacturing overhead = $ 31,400 Total indfeed manufacturing cost = $ 150, 100 Anay ♡ 5 Talal manufacturing cost $ 115,600 136. Total nonmanuslae luding cost 1$ 70,700 3. Tolal conversion cost _ _ 93.600 Il Total Dilemecost 1$ 123,500 Explanations : : 3a. Total manufackering cost is computed ces follows: Direed materials $ 82000 Direet labor : - $ 41,500 Total manufacturing Overhead • § 52, 100 To dal mare-facturing cost :- 475,600. (Ans.): :. 36. Total nonmare:factoring cosa es computed as follows: Tolal selling expense.= $.37,800 ;:. Tofaladministrative expense = $ 32,900 Toolat non manufacturing cost : $ 70,700 Mne.)

30. Total conversion corde's compuded as follows: Direet labore , F 44,500 Total manufacturing overheed " $ 52,100 Total conversion cost - $ 93,600 Caneo Total preme costis computed as follows: Direel malereials $ 82000 Direet labore = $ 41,500 Total prima cos!..$123,500 Cane.) $ $2,700 had Total variable manufacturing cost $ 143,700 46. Total fixed cost. Helvariable cost percentilpnesduced and sold 1$. 164 Explanations : ha. Total vartioble manufacturing castor computed as follows : Doreet malestrals $82,000 Dineet labori s $ 41,500 · Vartiable manufacturing overheedle § 20, 200 Tole Variable manufcelcróng Overheed - 9:1 43,700 (Ane) 46. Total amount of fixed cost competed as follows : Fixed manufacturing overhead • $ 31,900 Fixed selling, expense 2 $ 23, 200 fixed administrelive expense op 27,600 Total fixed cost o § 82,700 Came}

hc. Variable cost per unit produced and soldes com puted as follows' : Doreet materiale - $82000 Direct labor $ 44,500 Total variable manufacturing Over heels & 90,200 Variable selling expense :$ 14,600 Variable adminidaetive expense - $ 5,300 · Total variable cast (a) $ 163,600 Number of unite pradeced and .. 1000 units sold (b) i Variable cost per eni el preclecod ares, : 164] (Ams) 50. Menementalcosi penunit produced. F 344 Explanation : fa. Sncremental cor) per unil paeduced computed as follows: Direed material. . $ 82000 Direct labore § 41,500 Table mou partening Overhead , $ 20,200 Toilal.inettemental 'Costco - $ 143.700 Number of units produced and 1000 Increment al cost per emod prvekesed) - $144) Comu.) (Ⓡ = (b) Varia 1d (6) 1 f 143.700) ( 1000 )