7. 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? Total manufacturing costs Markup (80%) Total price for the job (a) Number of units in job (b) Selling price per unit (rounded) (a) + (b) Job P Job Q 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 Je Q. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relatt to the month of March): Estimated total machine-hours used Estimated total fixed manufacturing overhead Molding 2,500 Fabrication Total $10,000 1,500 $15,000 4,000 $25,000 Estimated variable manufacturing overhead per machine-hour $1.40 $2.20 Job P Job Q Direct materials $13,000 $8,000 Direct labor cost $21,000 $7,500 Actual machine-hours used: Molding 1,700 800 Fabrication 600 900 Total 2,300 1,700