Foundational 2-12 (Algo) 12. If Job P includes 20 units, what is its unit product cost? (Do not round Intermediate calculations.) Unit product cost Sweeten Company had no Jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, it estimated that 4,000 machine-hours would be required for the period's estimated level of production. Sweeten also estimated $27,800 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.40 per machine-hour. Because Sweeten has two manufacturing departments-Molding and Fabricationit is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine- hours. The company gathered the following additional Information to enable calculating departmental overhead rates: Molding Fabrication Total Estimated total machine-hours used 2,500 1,500 4,000 Estimated total fixed manufacturing overhead $ 11,750 $ 16,050 $ 27,800 Estimated variable manufacturing overhead per machine-hour $ 2.10 $ 2.90 The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows: Job P Direct materiale Job O Direct labor cont $ 20,000 $ 11,500 Actual machine-hours used: $ 26,600 $ 10,300 Molding 2,400 Fabrication 1,500 1,300 1,600 Total 3,700 3,100 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year