Problem 1-24 (Static) 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 $ 69,000Direct labor $ 35,000Variable manufacturing overhead $ 15,000 Fixed manufacturing overhead 28,000 Total manufacturing overhead $ 43,000Variable selling expense $ 12,000 Fixed selling expense 18,000 Total selling expense $ 30,000Variable administrative expense $ 4,000 Fixed administrative expense 25,000 Total administrative expense $ 29,000Required:With respect to cost classifications for preparing financial statements:What is the total product cost?What is the total period cost?With respect to cost classifications for assigning costs to cost objects:What is the total direct manufacturing cost?What is the total indirect manufacturing cost?With respect to cost classifications for manufacturers:What is the total manufacturing cost?What is the total nonmanufacturing cost?What are the total conversion cost and prime cost?With respect to cost classifications for predicting cost behavior:What is the total variable manufacturing cost?What is the total fixed cost for the company as a whole?What is the variable cost per unit produced and sold?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?
Question
Problem 1-24 (Static) 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 35,000Variable manufacturing overhead 43,000Variable selling expense 30,000Variable administrative expense 29,000Required:With respect to cost classifications for preparing financial statements:What is the total product cost?What is the total period cost?With respect to cost classifications for assigning costs to cost objects:What is the total direct manufacturing cost?What is the total indirect manufacturing cost?With respect to cost classifications for manufacturers:What is the total manufacturing cost?What is the total nonmanufacturing cost?What are the total conversion cost and prime cost?With respect to cost classifications for predicting cost behavior:What is the total variable manufacturing cost?What is the total fixed cost for the company as a whole?What is the variable cost per unit produced and sold?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?
Solution
Entendido. Vamos a resolver el problema paso a paso.
Con respecto a las clasificaciones de costos para preparar estados financieros:
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¿Cuál es el costo total del producto?
- Materiales directos: $69,000
- Mano de obra directa: $35,000
- Costos indirectos de fabricación (Variable + Fijo): $43,000
- Costo total del producto = 35,000 + 147,000
-
¿Cuál es el costo total del período?
- Gastos de venta variables: $12,000
- Gastos de venta fijos: $18,000
- Gastos administrativos variables: $4,000
- Gastos administrativos fijos: $25,000
- Costo total del período = 18,000 + 25,000 = $59,000
Con respecto a las clasificaciones de costos para asignar costos a objetos de costo:
-
¿Cuál es el costo total de fabricación directo?
- Materiales directos: $69,000
- Mano de obra directa: $35,000
- Costo total de fabricación directo = 35,000 = $104,000
-
¿Cuál es el costo total de fabricación indirecto?
- Costos indirectos de fabricación (Variable + Fijo): $43,000
- Costo total de fabricación indirecto = $43,000
Con respecto a las clasificaciones de costos para fabricantes:
-
¿Cuál es el costo total de fabricación?
- Materiales directos: $69,000
- Mano de obra directa: $35,000
- Costos indirectos de fabricación (Variable + Fijo): $43,000
- Costo total de fabricación = 35,000 + 147,000
-
¿Cuál es el costo total no relacionado con la fabricación?
- Gastos de venta variables: $12,000
- Gastos de venta fijos: $18,000
- Gastos administrativos variables: $4,000
- Gastos administrativos fijos: $25,000
- Costo total no relacionado con la fabricación = 18,000 + 25,000 = $59,000
-
¿Cuáles son el costo de conversión y el costo primo totales?
- Costo de conversión (Mano de obra directa + Costos indirectos de fabricación) = 43,000 = $78,000
- Costo primo (Materiales directos + Mano de obra directa) = 35,000 = $104,000
Con respecto a las clasificaciones de costos para predecir el comportamiento de los costos:
-
¿Cuál es el costo total de fabricación variable?
- Materiales directos: $69,000
- Mano de obra directa: $35,000
- Costos indirectos de fabricación variables: $15,000
- Costo total de fabricación variable = 35,000 + 119,000
-
¿Cuál es el costo fijo total para la empresa en su conjunto?
- Costos indirectos de fabricación fijos: $28,000
- Gastos de venta fijos: $18,000
- Gastos administrativos fijos: $25,000
- Costo fijo total = 18,000 + 71,000
-
¿Cuál es el costo variable por unidad producida y vendida?
- Costo variable por unidad = Costo total de fabricación variable / Unidades producidas y vendidas = 119 por unidad
Con respecto a las clasificaciones de costos para la toma de decisiones:
- Si Dozier hubiera producido 1,001 unidades en lugar de 1,000 unidades, ¿cuánto costo de fabricación incremental habría incurrido para hacer la unidad adicional?
- El costo de fabricación incremental sería el costo variable por unidad, ya que los costos fijos no cambian con la producción de una unidad adicional.
- Costo de fabricación incremental = $119
Espero que esto haya sido útil. Si tienes alguna otra pregunta, no dudes en preguntar.
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