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Hello, Can somone help me with this questions? Thank you! [The following information applies to the questions displayed below.] Sweeten Company had no jobs in

Hello,

Can somone help me with this questions?

Thank you!

[The following information applies to the questions displayed below.]

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 yearJob 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 $25,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.70 per machine-hour.

Because Sweeten has two manufacturing departmentsMolding 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

$ 10,000

$ 15,000

$ 25,000

Estimated variable manufacturing overhead per machine-hour

$ 1.40

$ 2.20

The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows:

Job P

Job Q

Direct materials

$ 13,000

$ 8,000

Direct labor cost

$ 21,000

$ 7,500

Actual machine-hours used:

Molding

1,700

800

Fabrication

600

900

Total

2,300

1,700

Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year.

Required:

For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments.

Foundational 2-1 (Static)

1. What is the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.)

Required information

The Foundational 15 (Static) [LO2-1, LO2-2, LO2-3, LO2-4]

Skip to question

[The following information applies to the questions displayed below.]

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 yearJob 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 $25,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.70 per machine-hour.

Because Sweeten has two manufacturing departmentsMolding 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

$ 10,000

$ 15,000

$ 25,000

Estimated variable manufacturing overhead per machine-hour

$ 1.40

$ 2.20

The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows:

Job P

Job Q

Direct materials

$ 13,000

$ 8,000

Direct labor cost

$ 21,000

$ 7,500

Actual machine-hours used:

Molding

1,700

800

Fabrication

600

900

Total

2,300

1,700

Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year.

Required:

For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments.

Foundational 2-2 (Static)

2. How much manufacturing overhead was applied to Job P and how much was applied to Job Q? (Do not round intermediate calculations.)

The Foundational 15 (Static) [LO2-1, LO2-2, LO2-3, LO2-4]

Skip to question

[The following information applies to the questions displayed below.]

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 yearJob 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 $25,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.70 per machine-hour.

Because Sweeten has two manufacturing departmentsMolding 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

$ 10,000

$ 15,000

$ 25,000

Estimated variable manufacturing overhead per machine-hour

$ 1.40

$ 2.20

The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows:

Job P

Job Q

Direct materials

$ 13,000

$ 8,000

Direct labor cost

$ 21,000

$ 7,500

Actual machine-hours used:

Molding

1,700

800

Fabrication

600

900

Total

2,300

1,700

Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year.

Required:

For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments.

Foundational 2-3 (Static)

3. What is the total manufacturing cost assigned to Job P? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)

Required information

The Foundational 15 (Static) [LO2-1, LO2-2, LO2-3, LO2-4]

Skip to question

[The following information applies to the questions displayed below.]

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 yearJob 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 $25,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.70 per machine-hour.

Because Sweeten has two manufacturing departmentsMolding 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

$ 10,000

$ 15,000

$ 25,000

Estimated variable manufacturing overhead per machine-hour

$ 1.40

$ 2.20

The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows:

Job P

Job Q

Direct materials

$ 13,000

$ 8,000

Direct labor cost

$ 21,000

$ 7,500

Actual machine-hours used:

Molding

1,700

800

Fabrication

600

900

Total

2,300

1,700

Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year.

Required:

For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments.

Foundational 2-4 (Static)

4. If Job P includes 20 units, what is its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)

The Foundational 15 (Static) [LO2-1, LO2-2, LO2-3, LO2-4]

Skip to question

[The following information applies to the questions displayed below.]

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 yearJob 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 $25,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.70 per machine-hour.

Because Sweeten has two manufacturing departmentsMolding 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

$ 10,000

$ 15,000

$ 25,000

Estimated variable manufacturing overhead per machine-hour

$ 1.40

$ 2.20

The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows:

Job P

Job Q

Direct materials

$ 13,000

$ 8,000

Direct labor cost

$ 21,000

$ 7,500

Actual machine-hours used:

Molding

1,700

800

Fabrication

600

900

Total

2,300

1,700

Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year.

Required:

For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments.

Foundational 2-5 (Static)

5. What is the total manufacturing cost assigned to Job Q? (Do not round intermediate calculations.)

The Foundational 15 (Static) [LO2-1, LO2-2, LO2-3, LO2-4]

Skip to question

[The following information applies to the questions displayed below.]

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 yearJob 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 $25,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.70 per machine-hour.

Because Sweeten has two manufacturing departmentsMolding 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

$ 10,000

$ 15,000

$ 25,000

Estimated variable manufacturing overhead per machine-hour

$ 1.40

$ 2.20

The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows:

Job P

Job Q

Direct materials

$ 13,000

$ 8,000

Direct labor cost

$ 21,000

$ 7,500

Actual machine-hours used:

Molding

1,700

800

Fabrication

600

900

Total

2,300

1,700

Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year.

Required:

For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments.

Foundational 2-6 (Static)

6. If Job Q includes 30 units, what is its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)

The Foundational 15 (Static) [LO2-1, LO2-2, LO2-3, LO2-4]

Skip to question

[The following information applies to the questions displayed below.]

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 yearJob 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 $25,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.70 per machine-hour.

Because Sweeten has two manufacturing departmentsMolding 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

$ 10,000

$ 15,000

$ 25,000

Estimated variable manufacturing overhead per machine-hour

$ 1.40

$ 2.20

The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows:

Job P

Job Q

Direct materials

$ 13,000

$ 8,000

Direct labor cost

$ 21,000

$ 7,500

Actual machine-hours used:

Molding

1,700

800

Fabrication

600

900

Total

2,300

1,700

Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year.

Required:

For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments.

Foundational 2-7 (Static)

7. Assume that Sweeten Company uses cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. If Job P includes 20 units and Job Q includes 30 units, what selling price would the company establish 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.)

Required information

The Foundational 15 (Static) [LO2-1, LO2-2, LO2-3, LO2-4]

Skip to question

[The following information applies to the questions displayed below.]

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 yearJob 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 $25,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.70 per machine-hour.

Because Sweeten has two manufacturing departmentsMolding 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

$ 10,000

$ 15,000

$ 25,000

Estimated variable manufacturing overhead per machine-hour

$ 1.40

$ 2.20

The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows:

Job P

Job Q

Direct materials

$ 13,000

$ 8,000

Direct labor cost

$ 21,000

$ 7,500

Actual machine-hours used:

Molding

1,700

800

Fabrication

600

900

Total

2,300

1,700

Sweeten Company had no over applied or under applied manufacturing overhead costs during the year.

Required:

For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments.

Foundational 2-8 (Static)

8. What is Sweeten Company's cost of goods sold for the year? (Do not round intermediate calculations.)

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