Question

In: Accounting

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:

Direct materials $ 74,000
Direct labor $ 37,500
Variable manufacturing overhead $ 17,000
Fixed manufacturing overhead 29,500
Total manufacturing overhead $ 46,500
Variable selling expense $ 13,000
Fixed selling expense 20,000
Total selling expense $ 33,000
Variable administrative expense $ 4,500
Fixed administrative expense 26,000
Total administrative expense $ 30,500


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?

Solutions

Expert Solution

ekkarill92 answered 2 years ago
Next > < Previous

Related Solutions

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: Direct materials $ 73,000 Direct labor $ 37,000 Variable manufacturing overhead $ 16,600 Fixed manufacturing overhead 29,200 Total manufacturing overhead $ 45,800 Variable selling expense $ 12,800 Fixed selling expense 19,600 Total selling expense $ 32,400 Variable administrative expense $ 4,400 Fixed administrative expense 25,800 Total administrative expense $ 30,200 Required: 1. With respect to cost classifications...
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: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 Material $77,000 Direct Labor $39,000 Variable Manufacturing Overhead $18,200 Fixed Manufacturing Overhead $30,400 Total Manufacturing Overhead $48,600 Variable Selling expense $13,600 Fixed Selling expense $21,200 Total Selling expense $34,800 Variable Administrative expense $4,800 Fixed...
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: Direct materials $ 84,000 Direct labor $ 42,500 Variable manufacturing overhead $ 21,000 Fixed manufacturing overhead 32,500 Total manufacturing overhead $ 53,500 Variable selling expense $ 15,000 Fixed selling expense 24,000 Total selling expense $ 39,000 Variable administrative expense $ 5,500 Fixed administrative expense 28,000 Total administrative expense $ 33,500 Required: 1. With respect to cost classifications...
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: Direct materials $ 82,000 Direct labor $ 41,500 Variable manufacturing overhead $ 20,200 Fixed manufacturing overhead 31,900 Total manufacturing overhead $ 52,100 Variable selling expense $ 14,600 Fixed selling expense 23,200 Total selling expense $ 37,800 Variable administrative expense $ 5,300 Fixed administrative expense 27,600 Total administrative expense $ 32,900 Required: 1. With respect to cost classifications...
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: Direct materials $ 85,000 Direct labor $ 43,000 Variable manufacturing overhead $ 21,400 Fixed manufacturing overhead 32,800 Total manufacturing overhead $ 54,200 Variable selling expense $ 15,200 Fixed selling expense 24,400 Total selling expense $ 39,600 Variable administrative expense $ 5,600 Fixed administrative expense 28,200 Total administrative expense $ 33,800 Required: 1. With respect to cost classifications...
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: Direct materials $ 77,000 Direct labor $ 39,000 Variable manufacturing overhead $ 18,200 Fixed manufacturing overhead 30,400 Total manufacturing overhead $ 48,600 Variable selling expense $ 13,600 Fixed selling expense 21,200 Total selling expense $ 34,800 Variable administrative expense $ 4,800 Fixed administrative expense 26,600 Total administrative expense $ 31,400 Required: 1. With respect to cost classifications...
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: Direct materials $ 80,000 Direct labor $ 40,500 Variable manufacturing overhead $ 19,400 Fixed manufacturing overhead 31,300 Total manufacturing overhead $ 50,700 Variable selling expense $ 14,200 Fixed selling expense 22,400 Total selling expense $ 36,600 Variable administrative expense $ 5,100 Fixed administrative expense 27,200 Total administrative expense $ 32,300 Required: 1. With respect to cost classifications...
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: Direct materials $ 72,000 Direct labor $ 36,500 Variable manufacturing overhead $ 16,200 Fixed manufacturing overhead 28,900 Total manufacturing overhead $ 45,100 Variable selling expense $ 12,600 Fixed selling expense 19,200 Total selling expense $ 31,800 Variable administrative expense $ 4,300 Fixed administrative expense 25,600 Total administrative expense $ 29,900 Required: 1. With respect to cost classifications...
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: Direct materials $ 74,000 Direct labor $ 37,500 Variable manufacturing overhead $ 17,000 Fixed manufacturing overhead 29,500 Total manufacturing overhead $ 46,500 Variable selling expense $ 13,000 Fixed selling expense 20,000 Total selling expense $ 33,000 Variable administrative expense $ 4,500 Fixed administrative expense 26,000 Total administrative expense $ 30,500 3. With respect to cost classifications for...
Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month:
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 $ 82,000Direct labor $ 41,500Variable manufacturing overhead$ 20,200 Fixed manufacturing overhead31,900 Total manufacturing overhead $ 52,100Variable selling expense$ 14,600 Fixed selling expense23,200 Total selling expense $ 37,800Variable administrative expense$ 5,300 Fixed administrative expense27,600 Total administrative expense $ 32,900 Required:1. With respect to cost classifications for preparing financial statements:a. What is the total product cost?b. What...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT