Business
Business, 30.12.2020 21:40, dpazmembreno

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 $69,000
Direct labor $35,000
Variable manufacturing overhead$15,000
Fixed manufacturing overhead 28,000
Total manufacturing overhead $43,000
Variable selling expense$12,000
Fixed selling expense 18,000
Total selling expense $30,000
Variable administrative expense$4,000
Fixed administrative expense 25,000
Total administrative expense $29,000
Required:
1. With respect to cost classification s for preparing financial state ment s:
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 indirec t manu facturing cost?
3. With respect to cost classifications for manu facturers :
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 classification s for predicting cost behavior:
a) What is the total variable manu factur ing 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 classification s for decision making:
a) If Dozier had produced 1 ,00 I unit s instead of 1 ,000 units, how much incrementa l manufacturing cost would it have incurred to make the additional unit ?

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 15:00, aesthetickait
(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?
Answers: 2
image
Business, 22.06.2019 20:00, tvoalicea
Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25
Answers: 1
image
Business, 22.06.2019 20:20, martinezarielys17
As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage
Answers: 2
image
Business, 22.06.2019 20:20, caleelwittmann31
This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.
Answers: 2
Do you know the correct answer?
Dozier Company produced and sold 1,000 units during its first month of operations. It reported the f...

Questions in other subjects:

Konu
Mathematics, 11.04.2020 08:58
Konu
Mathematics, 11.04.2020 08:59