5 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding 2,500 $12,750 $ 2.50 Fabrication 1,500 $ 16,650 $3.30 Total 4,000 $29,400 The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows: ces Direct materials Direct labor cost Actual machine-hours used: Fabrication Molding Total Job P $ 24,000 Job Q $13,500 $29,800 $ 11,900 2,800 1,900 1,700 4,500 2,000 3,900 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year. Required: 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 predetermined departmental overhead rates with machine-hours as the allocation base in both departments. Foundational 2-7 (Algo) 7. Assume that Sweeten Company uses cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. If Job P includes 20 units and Job Q includes 30 units, what selling price would the company establish 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