For the year ended december 31, year 1, grim co.'s pretax financial statement income was $200,000 and its taxable income was $150,000. the difference is due to the following: interest on municipal bonds $70,000 premium expense on keyman life insurance (20,000) total $50,000 grim's enacted income tax rate is 30%. in its year 1 income statement, what amount should grim report as current provision for income tax expense?

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 $ 69,000 direct labor $ 35,000 variable manufacturing overhead $ 15,000 fixed manufacturing overhead 28,000 total manufacturing overhead $ 43,000 variable selling expense $ 12,000 fixed selling expense 18,000 total selling expense $ 30,000 variable administrative expense $ 4,000 fixed administrative expense 25,000 total administrative expense $ 29,000 required: 1. with respect to cost classifications for preparing financial statements: a. what is the total product cost