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Jobisdone [24]
3 years ago
12

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
Business
1 answer:
harkovskaia [24]3 years ago
4 0

Answer:

the total product cost is $188,800

Explanation:

The computation of the total product cost is given below:

= Direct material + direct labor + Total manufacturing overhead

= $88,000 + $44,500 + $56,300

= $188,800

Hence, the total product cost is $188,800

We simply added the above 3 items to determine the total product cost

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