Problem 1-24 Different Cost Classifications for Different Purposes (L01-1, L01-2, LO1-3, LO 4, LC1-5) Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month: $ 84,000 $ 42,500 $ 21,000 32,500 5 53,500 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 $ 15,000 24,000 $ 39,000 $ 5,500 28,000 $ 33,500 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 primo cost? 4. With respect to cost classifications for predicting cost behavion X Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 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? 28 Total direct manufacturing cost Total indirect manufacturing cost (Required 1 Required 3 > 5. With respect to cost classifications for decision making: a. If Dozier had produced 1,001 units instead of 1,000 units, how much incr make the additional unit? Answer is not complete. 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? 3b. Total manufacturing cost Total nonmanufacturing cost Total conversion cost Total prime cost 30 x Answer is not complete. Complete this question by entering your answers in the tabs below. Recuired 1 Required 2 Required 3 Required 4 Required 5 4. With respect to cost classifications for predicting cost behavior: a What is the total variable manufacturing cost? 5. What is the total fixed cost for the company as a whole? c. What is the variable cost per unit produced and sold? (Round your answer to the nearest whole dollar amount.) Show 40 46 Total variable manufncturing cost Total fixed cost Variable cost per unit produced and sold