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1. What selling price would be would the company have established for Jobs P and Q. 2. What are the selling prices for both jobs
1. What selling price would be would the company have established for Jobs P and Q.
2. What are the selling prices for both jobs when stated on a per unit basis
i need step by step explanation plus answer thanks.
ter M Gmail Mail - anita lonerga. YouTube myOTR_Online G For the most fun P. SA Saved Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed and sold only two jobs during March- Job P and Job Q. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication 2,500 1,500 $13,250 $16,958 5 2.70 $ 3.50 Total 4,000 53,200 Job P $26,880 $31,489 Job D. $14,500 $12,709 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,eeg 1,989 4,999 2,100 2,269 4,309 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month Required: For questions 1-9, assume that Sweeten Company uses departmental predetermined overhead rates with machine hours as the allocation base in both departments and Job P included 20 units and Job Q included 30 units. For questions 10-15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base, 14. Assume that Sweeten Company used cost-plus pricing and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. What selling price would the company have established for Jobs P and Q? What are the selling prices for both jobs when stated on a per unit basis? (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Job P Job Q Total price for the job Selling price per unitStep by Step Solution
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