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7 Holding Fabrication Part 7 of 15 Estimated total machine-hours used Estimated total fixed manufacturing overbead Estimated variable manufacturing overhead per machine-hour Direct materials 3,000
7 Holding Fabrication Part 7 of 15 Estimated total machine-hours used Estimated total fixed manufacturing overbead Estimated variable manufacturing overhead per machine-hour Direct materials 3,000 $12,000 1,800 $10,000 4,000 $30,000 1.40 $2.20 Job F Direct labor cost 0.62 points $ 15,600 25,200 Job $9,600 $9,000 Actual machine-houre used: Molding 2,000 960 Fabrication Total 720 2,800 1,940 2,000 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 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 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 7. If Job Q included 30 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar) Answer is complete but not entirely correct. product co 1,200 Return to question 8 00 Part 8 of 15 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Direct materiale Direct labor cost 0.62 points elboo Pint References Actual machine-hours used Molding Fabrication Total Holding Fabrication TOTAL 3,000 $ 12,000 1,000 18,000 4,800 $ 30,000 $ 1.40 2.20 Job P Job 0 15,600 9,400 25.200 9,000 2,080 720 2,800 1,040 2,000 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 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 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 8. 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 $ 109.469 Selling price per unit $ 5,473 $ 2,176 Check my work 9 Part 9 of 15 0.62 points Line romowing information appies to the questions displayed Devowj 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-bour Skipped Direct materials Direct labor cost Book Actual machine-hours used: Molding P Fabrication Total References Holding 3,000 $12,000 3.40 Fabrication 1,800 $18,000 02.20 4,800 $30,000 Job P 15,600 25,200 Job Q $9,600 $9,000 2,080 960 730 2,800 1,040 2,000 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 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 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 9. What was Sweeten Company's cost of goods sold for March? (Do not round intermediate calculations.) Cost of goods ald Check my work 10 Part 10 of 15 0.62 point 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 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 3.000 $12,000 1,000 18,000 4,800 $30,000 $1.40 52.20 Skipped Job P Direct materials Direct labor cost $ 15,600 $25,200 Job:0 $9,600 9,000 Actual machine-hours used: Molding Fabrication Print Total 2,000 720 3,800 960 1,040 2,000 References Check my work Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month, Required: For questions 1 to 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 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 10. What was the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places) Predetermined overhead te per MH 11 11 art 11 of 15 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 Estinated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Holding Fabrication Total 3,000 1,800 4,000 $ 12,000 $ 18,000 $30,000 $1.40 $2.20 52 nts Job # Direct materials Direct labor cost $ 15,600 $25,200 Job 0 $9,600 $9,000 Actual machine-hours used: Skipped Holding 2,000 960 Fabrication 720 2,800 1,040 2,000 Book Print ferences Total Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 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 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 11. How much manufacturing overhead was applied to Job P and how much was applied to Job Q? (Do not round intermediate calculations.) Job P Job Q Manufacturing overhead applied Check my work 12 Part 1215 062 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): Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-boar 3,000 $1.40 Holding Fabrication 1,800 4,000 10,000 30,000 $2.20 Total 12,000 Check my work Direct materiale 15,600 $9,400 Direct labor cost 25,200 59.000 Actual machine-boure usedi Molding 2,000 940 Fabrication Pr Total 720 3,900 1,040 2,000 References Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 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 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 12. If Job P included 20 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) int product co 13 Part 13 of 15 0.62 points Skipped The following information applies to the questions displayed below] 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 Eatinated variable manufacturing overhead per machine-hour Direct materials ock Direct labor cost Actual machine-hours used: Pr Holding Fabrication References Total Holding Fabrication 1,000 $12,000 1,800 10,000 4,800 30,000 $3.40 $2.20 Job P Job O $9,600 $9,000 2,000 730 2,800 960 1,040 2,000 $ 15,600 $25,200 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 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 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 13. If Job Q included 30 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) Une product Chapter 2 Homework 14 Estimated total machine-hours used molding Fabrication Total 3,000 Part 14 of 15 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per nachine-hour Direct materials $12,000 1,000 $18,000 4,930 $30,000 $1.40 5.2.20 Direct labor.co Job F $15,600 25,200 Job Q $9,600 $9,000 062 points Actual machine-hours used: Holding 2,000 940 Fabrication Skipped total 720 2,000 1,040 2,000 eflock Reference Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 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 to 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) Jub P Job Q Total prion for the job Selling price per unit Check my work 0.62 points 15 Part 15 of 15 Sweeten Company ou paa au ure veya main my venues, the company o 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 Holding 3,000 $ 12,000 $ 1.40 Fabrication 1,800 $ 18,000 $2.20 Total 4,800 $ 30,000 Job P Direct materials Skipped Direct labor cost $ 15,600 $ 25,200 Job Q $9,600 $ 9,000 Actual machine-hours used: Molding 2,080 Fabrication eBook Total 720 2,800 960 1,040 2,000 Print References Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 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 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 15. What was Sweeten Company's cost of goods sold for March? (Do not round intermediate calculations.) Cost of goods sold Che
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