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14 Required information Part 14 of 15 (The following information applies to the questions displayed below. 1 points Sweeten Company had no jobs in progress
14 Required information Part 14 of 15 (The following information applies to the questions displayed below. 1 points 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): 8 03:09:50 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication 3,800 2,280 $15,200 $22,800 $ 1.40 $ 2.20 Total 6,080 $38,000 eBook Job P $19,760 $31,920 Job o $12,160 $11,400 Print Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication 2,590 910 1,220 1,360 2,580 References Total 3,500 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 unit
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