Problem 1-24 (Algo) 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 $ 80,000 Direct labor $ 40,500 Variable manufacturing overhead $ 19,400 Fixed manufacturing overhead 31,300 Total manufacturing overhead $ 50,700 Variable selling expense $ 14,200 Fixed selling expense 22,400 Total selling expense $ 36,600 Variable administrative expense $ 5,100 Fixed administrative expense 27,200 Total administrative expense $ 32,300 Required: 1. With respect to cost classifications for preparing financial statements: a. What is the total product cost

Take deep breaths and try to calm yourself down

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

Alot of credit card rewards