Problem 1-24 Different Cost Classifications for Different Purposes [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5] Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month: Direct materials $ 83,000 Direct labor $ 42,000 Variable manufacturing overhead $ 20,600 Fixed manufacturing overhead 32,200 Total manufacturing overhead $ 52,800 Variable selling expense $ 14,800 Fixed selling expense 23,600 Total selling expense $ 38,400 Variable administrative expense $ 5,400 Fixed administrative expense 27,800 Total administrative expense $ 33,200 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?
In: Accounting
In: Computer Science
(1) a. sentence generation
The sentence you need to generate is shown below:
Sentence: John fed a bear in the park.
In this question, you should start from the target structure, a sentence (= S). Then you expand S by applying the rule S --> S PP. There is another rule that can expand S, namely S --> NP VP. However, if you apply S --> NP VP before S --> S PP, you will not be able to include PP. Therefore, S --> S PP is the correct rule to apply first, as has been given in the table below (together with two other steps). Remember to insert the lexical items when you get to a leaf node like D or N where no rule can be further applied. If your answers are correct, then all the 14 blanks should be filled.
The rules and lexicon that you need to generate the sentence are given as below:
Rules:
S --> NP VP
NP --> D NP
VP --> V PP
VP --> V NP
S --> S PP
PP --> P NP
AdjP --> Adv Adj
NP --> N
CP --> C S
Lexicon:
V --> saw, kicked, fed
P --> in, at
D --> a, the
N --> John, bear, park
You will need only a subset of the rules for this question.
Step
Sentence generating process
0 S
1 S --> S PP
2 S --> NP VP
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Done!
(1) b. Expand the rules and lexicon
What do you need to add to the previous rules and lexicon if you want to generate the following sentence:
The boy saw a brown bear in the park.
New rule(s) that needs to be added:
____________________
New lexical item(s) that needs to be added:
_____________________
______________________
In: Computer Science
Cash management is routine, day-to-day administration of cash and near-cash resources by an individual or family. With this in mind, develop a cash management strategy that incorporates a variety of savings plans
In: Finance
Write the first three non-zero terms of the Taylor series of sin x near x0 = 3π/2. Sketch a plot of the curves for sin x and your approximation.
In: Advanced Math
Which international trade theory would best apply and why does BMW (Germany Company) have a production plant near Greenville SC that employs nearly 9000.
In: Operations Management
Make a list of the advantages and disadvantages can you think of for living near a volcano? Do you think the advantages outweigh the disadvantages?
Write a 250 word essay to answer.
In: Other
Relevant Range and Fixed and Variable Costs
Third World Gamer Inc. manufactures components for computer games within a relevant range of 500,000 to 1,000,000 disks per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:
| Components produced | 500,000 | 750,000 | 1,000,000 | |||
| Total costs: | ||||||
| Total variable costs | $600,000 | (d) | (j) | |||
| Total fixed costs | 600,000 | (e) | (k) | |||
| Total costs | $1,200,000 | (f) | (l) | |||
| Cost per unit: | ||||||
| Variable cost per unit | (a) | (g) | (m) | |||
| Fixed cost per unit | (b) | (h) | (n) | |||
| Total cost per unit | (c) | (i) | (o) | |||
Complete the cost schedule below. Round costs per unit to the nearest cent.
| Cost Schedule | ||||||
| Components produced | 500,000 | 750,000 | 1,000,000 | |||
| Total costs: | ||||||
| Total variable costs | $600,000 | $ | $ | |||
| Total fixed costs | 600,000 | $ | $ | |||
| Total costs | $1,200,000 | $ | $ | |||
| Cost per unit: | ||||||
| Variable cost per unit | $ | $ | $ | |||
| Fixed cost per unit | ||||||
| Total cost per unit | $ | $ | $ | |||
In: Accounting
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Prepare a journal entry for governmental funds and government-wide governmental activities for each of the following transactions entered into by the City of Loveland. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
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In: Accounting
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Prepare a journal entry for governmental funds and government-wide governmental activities for each of the following transactions entered into by the City of Loveland. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) |
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In: Accounting