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1-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

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1-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 assuming 20 units were produced for Job P and 30 units were produced for Job Q?

2- What was Sweeten Companys cost of goods sold for March?

(predetermined overhead rate: 10.75

manufacturing overhead was applied to Job P : 54825

manufacturing overhead was applied to Job Q: 48375

total manufacturing cost assigned to Job P: 114025

If Job P included 20 units, unit product cost: 5701

the total manufacturing cost assigned to Job Q?: 76475

If Job Q included 30 units, what was its unit product cost?: 2549

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 assuming 20 units were produced for Job P and 30 units were produced for Job Q?

JOB P : total price for the job : 205245 , selling price per unit: 10262

JOB Q: total price for the job: 137655 , selling price per unit: : 4589

What was Sweeten Companys cost of goods sold for March? ( 190500)

predetermined overhead rates in the Molding Department : 8.2

and the Fabrication Department? 15

manufacturing overhead was applied from the Molding Department to Job P: 25420

and how much was applied to Job Q?: 18040

How much manufacturing overhead was applied from the Fabrication Department to Job P:30000

and how much was applied to Job Q? :34500

If Job P included 20 units, what was its unit product cost?: 5731

If Job Q included 30 units, what was its unit product cost? : 2688

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 Total 4,980 $13,580 $17,188 $36,68e 2,580 1,580 $ 2.8e 3.6e Job Q $27,880 $15,988 $32,28e $13,18e Job p Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,18e 2,000 5,180 2,28e 2,30e 4,500 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Requlred: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 14. Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish elling 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 assuming 20 units were produced for Job P and 30 units were produced for Job Q? (Do not round Intermediate calculations. Round yur final nswer to nearest whole dollar.) Total price for the job Selling price per unit

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