Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Check my wa B 8 of 10 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Direct materials

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Check my wa B 8 of 10 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Direct materials Molding 4,200 $ 16,800 Fabrication 2,520 $ 25,200 Total 6,720 $ 42,000 $ 2.20 $ 1.40 Job P $ 21,840 Direct labor cost $ 35,200 Job Q $13,440 $12,600 Actual machine-hours used: Molding 2,890 1,340 Fabrication 1,010 1,480 Total 3,900 2,820 Book Print Merences 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.) Unit product cost

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Theory

Authors: William R. Scott

7th edition

132984660, 978-0132984669

More Books

Students also viewed these Accounting questions

Question

=+b) Which model do you prefer? Explain briefly. Section 18.4

Answered: 1 week ago