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As well as Job P with 20 units Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The
As well as Job P with 20 units
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): Molding Fabrication Total Estimated total machine-hours used 3,100 1,860 4,960 Estimated total fixed manufacturing overhead $ 12,400 $ 18,600 $ 31,000 Estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 Job O $ 9,920 $ 9,300 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total Job P $ 16, 120 $ 26,040 2,160 740 2,900 990 1,070 2,060 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.) Step by Step Solution
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