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 $ 84,000 Direct labor $ 42,500 Variable manufacturing overhead $ 21,000 Fixed manufacturing overhead 32,500 Total manufacturing overhead $ 53,500 Variable selling expense $ 15,000 Fixed selling expense 24,000 Total selling expense $ 39,000 Variable administrative expense $ 5,500 Fixed administrative expense 28,000 Total administrative expense $ 33,500 Required: 1. With respect to cost classifications for preparing financial statements: a. What is the total product cost