1 answer

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

Question:

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

Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month: $ 71,000 $ 36,000 $ 15,800 28,600 $ 44, 400 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 $ 12,400 18,800 $ 31,200 $ 4,200 25,400 $ 29,600 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 prime cost? 4. With respect to cost classifications for predicting cost behavior: a. What is the total variable manufacturing 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 classifications for decision making: a. If Dozier had produced 1,001 units instead of 1,000 units, how much incremental manufacturing cost would it have incurred to make the additional unit?

Answers

Requirement: 1a Direct materials Direct labor Total manufacturing overhead Total product cost 71000 36000 44400 151400 RequirRequirement: 3a Direct materials Direct labor Total manufacturing overhead Total manufacturing cost 71000 36000 44400 151400Requirement: 4a Direct materials Direct labor Variable manufacturing overhead Total variable manufacturing cost 71000 36000 1Requirement: 5a Direct materials Direct labor Variable manufacturing overhead Total incremental cost (a) Number of units prod

.

Similar Solved Questions

1 answer
Exptensive response Please! more= better. thank you so much. What forms of discipline/correction are effective and...
exptensive response Please! more= better. thank you so much. What forms of discipline/correction are effective and have good outcomes for children? Keep in mind that there are many different views and not one single correct way to be a parent....
1 answer
Need help on the questions below, please?:( 1-Indicate how the SML resolved the tradeoff between risk...
Need help on the questions below, please?:( 1-Indicate how the SML resolved the tradeoff between risk and return. 2- How doe we measure risk for a stock? How do we know the risk of a bond? See this post in context...
1 answer
If the following reaction was used to produce hydrogen gas and the carbon dioxide is vented...
If the following reaction was used to produce hydrogen gas and the carbon dioxide is vented to the atmosphere, what is the % atom economy? CH4+2 H2O--->CO2+4 H2...
1 answer
Text Question 1.1 Question Help a y the rocks will be worth $12.000. However, the frocks...
Text Question 1.1 Question Help a y the rocks will be worth $12.000. However, the frocks we viewed as passe, they will be worth only $2.000 Mme Gisele's boutique in Cleveland, Ohio is planning to sell a Parisian frock if the puble view it as being the w the probability that they are stylish is 2...
1 answer
Since high yield corporate bonds are the bonds issued by low quality firms, their yield are...
Since high yield corporate bonds are the bonds issued by low quality firms, their yield are usually higher than other bonds. True or False?...
1 answer
The total amount households and businesses plan to spend on goods and services at every level...
The total amount households and businesses plan to spend on goods and services at every level of income is determined by the aggregate expenditure. This model focuses on the short run relationship between real spending and O national exports O national income or GDP O aggregate demand...
1 answer
International Financial Reporting Standards (IFRS) Under IFRS goodwill is tested _______ for impairment. (Fill in the...
International Financial Reporting Standards (IFRS) Under IFRS goodwill is tested _______ for impairment. (Fill in the blanks with time, like annually, etc.)...
1 answer
He acid reacts wit lps, this lab will allow ium bicar water and is given here...
he acid reacts wit lps, this lab will allow ium bicar water and is given here a n citric acid and soni Post-Lab Exercises: 1.) A student, nt, conducting this lab did not subtract out the vapor pressure of water. Let us this A sample of gaseous hydrogen gas was collected by the displacement of water ...
1 answer
[4pts] Consider the following four complex numbers A 3-j2 C-6 exp(-1144°) D -5 exp(j64°) and use...
[4pts] Consider the following four complex numbers A 3-j2 C-6 exp(-1144°) D -5 exp(j64°) and use them throughout this question. a. Translate each complex number into the form indicated: exp(j exp(j b. Determine the value of each complex number below and enter your answer using the form indic...
1 answer
Question Tony has a mass of 75 kg and is doing skateboard tricks on a half...
Question Tony has a mass of 75 kg and is doing skateboard tricks on a half pipe ramp. At the apex of one trick, he is motionless at a height h-5.0 meters above the bottom of the ramp. He falls off the skateboard while landing and slides down the ramp and then he reaches a height h2=1.5 m up the othe...
1 answer
Not yet answered Points out of 5.00 P Pag question What is the most stable intermediate...
Not yet answered Points out of 5.00 P Pag question What is the most stable intermediate formed in the reaction between 3-methyl-1 butene and HICI? Select one A 1:14:29...
1 answer
Learning checkpoint 4 Complete reporting and documentation This learning checkpoint allows you to review your skills...
Learning checkpoint 4 Complete reporting and documentation This learning checkpoint allows you to review your skills and knowledge in completing reporting and documentation. Part A Assume you are coaching a new employee about the information requirements of your sector or organisation. Complete a ta...
1 answer
A large tank is filled with pressurized air. If a valve is opened and air is...
A large tank is filled with pressurized air. If a valve is opened and air is allowed to escape, where will the streamlines of the flow end in the tank? O (A) The streamlines will end on the walls of the tank. O (B) The streamlines will end in the volumetric center of the tank. 0 (C) The streamlines ...
1 answer
2. -0 points OSUniPhys1 27.2.WA.016 My Notes Ask Your Teacher The resistors in the circuit below...
2. -0 points OSUniPhys1 27.2.WA.016 My Notes Ask Your Teacher The resistors in the circuit below have the following values: R1 850 Ω R2 = 7.00 , and R3 3.20 O The two batte es each have a voltage of R2 R1 R3 (a) Find the current in through R3 Enter a number (b) How much power do the batteries ...
1 answer
How do you integrate #(x^3-4x-10)/(x^2-x-6)# using partial fractions?
How do you integrate #(x^3-4x-10)/(x^2-x-6)# using partial fractions?...
1 answer
Normal force N, shear force V and bending moment M for the frame shown in the...
Normal force N, shear force V and bending moment M for the frame shown in the figure The method of cutting diagrams (using 8 cutting points in the figure and their calculations draw on paper). please help.course name is building static 1. 15 kN/m 20 kNm 5 +6 T 2 m 3m a 20KN 7 B 2 A 8 HA 30 kN tu...
1 answer
What is the relationship between each structure and the process to convert one to the other...
What is the relationship between each structure and the process to convert one to the other Dilute NaOH O-14 Dilute NaOH مل & H,0 & HO...