Which of the following about middle-income nations is true? middle-income nations are generally more industrialized than wealthy and poor nations. they consist primarily of the nations of north america and western europe; australia, japan, and new zealand; and certain other nations in the middle east and asia. middle-income nations are generally less industrialized than wealthy nations but more industrialized than poor nations. many of them were the first nations to become industrialized starting in the 19th century, when the industrial revolution began. many of these nations rely heavily on one or two crops.

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