Martha estimates that the fixed costs associated with opening her new hair salon are $100,000. she expects the salon to attract 500 new customers in the first year, each of which will cost $25 to service. martha expects to generate $50,000 per year in revenue. for martha, the total cost of opening her hair salon and staying in business for one year will be
a) 50,000
b) 87,500
c) 100,000
d) 112,500
e) 150,000

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