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(Solved): Dozier Company produced and sold 1,000 units during its first month of operations, it reported the ...
Dozier Company produced and sold 1,000 units during its first month of operations, it reported the following costs and expenses for the month: Required: 1. With respect to cost classifications for preparing financlal statements: a. What is the total product cosh? 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?
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 manufocturing 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 comversion cost and prime cost? 4. Weh respect to cost classificetions for predicting cost behavior: o. What is the total variable manufacturing cost? b. What is the total fixed cost for the compony as a whole? c. What is the variable cost per anil 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 is hovo incurred to make the odditional unit? Complete this question by entering your answers in the tabs below.