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

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Accounting

Dozier Companyproduced 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 tocost classifications for manufacturers:
a. What is the totalmanufacturing cost?
b. What is the totalnonmanufacturing cost?
c. What is the totalconversion cost and prime cost?

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3.8 Ratings (471 Votes)

a Calculation of total Manufacturing Cost or Product Cost Manufacturing Cost Direct Material Direct Labor Manufacturing Overhead Total Manufacturing Cost 74000 37500 46500 158000 b Calculation of Total NonManufacturing cost Nonmanufacturing costs refer to See Answer

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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