Required information the inventory records for raymond co. reflected the following beginning inventory @ may 1 220 units @ $2.00 first purchase @ may 7 320 units @ $1.30 second purchase @ may 17 410 units @ $1.30 third purchase @ may 23 120 units @ $1.40 sales @ may 31 950 units @ $1.60 rev: 03-04-2011 determine the amount of gross margin assuming the weighted average cost flow method. (do not round average cost per unit and round your answer to the nearest whole number.) multiple choice $168 $175 $131 $138

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