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ControlSweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments Molding and Fabrication.
ControlSweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departmentsMolding and Fabrication. It started, completed, and sold only two jobs during MarchJob 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 machinehours used
Estimated total fixed manufacturing overhead $ $ $
Estimated variable manufacturing overhead per machinehour $ $
Job P Job Q
Direct materials $ $
Direct labor cost $ $
Actual machinehours used:
Molding
Fabrication
Total
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.
Required:
For questions to assume that Sweeten Company uses departmental predetermined overhead rates with machinehours as the allocation base in both departments and Job P included units and Job Q included units. For questions to assume that the company uses a plantwide predetermined overhead rate with machinehours as the allocation base.
what were the comapny's predeterrmined overhead rates in the molding department and the fabrication departmeny
how much manufacturing overhead was applied from the molding department to job p and how much was applied to job q
How much manufacturing overhead was applied from the fabrication department to job p and how much was applied to job q
what was the total manufacturing cost assigned to job p
if job p included units. what was its unit product cost?
What was the total manufacturing cost assigned to Job Q
If Job Q included units, what was its unit product cost?
Assume that Sweeten Company used costplus pricing and a markup percentage of 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?
What was Sweeten Companys cost of goods sold for March?
What was the companys plantwide predetermined overhead rate?
How much manufacturing overhead was applied to Job P and how much was applied to Job Q
If Job P included units, what was its unit product cost?
If Job Q included units, what was its unit product cost?
Assume that Sweeten Company used costplus pricing and a markup percentage of 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?
What was Sweeten Companys cost of goods sold for March?
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