Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses

Question

2 years ago

9

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 $ 70,000 Direct labor $ 35,500 Variable manufacturing overhead $ 15,400 Fixed manufacturing overhead 28,300 Total manufacturing overhead $ 43,700 Variable selling expense $ 12,200 Fixed selling expense 18,400 Total selling expense $ 30,600 Variable administrative expense $ 4,100 Fixed administrative expense 25,200 Total administrative expense $ 29,300 Required: 1. With respect to cost classifications for preparing financial statements: a. What is the total product cost

Business