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P and @ (all data and questions relate to the month Of March): Molding Fabrication Total Estimated total machine-hours used 3,900 2 , 340 6, 240 Estimated total fixed manufacturing overhead $ 15 , 600 $ 23, 400 $ 39, 000 1 of 15 Estimated variable manufacturing overhead per $ 2.20 machine-hour $ 1. 40 Job P Job Q Direct materials $ 20, 280 $ 12, 480 Direct labor cost $ 32, 760 $ 11, 700 Actual machine-hours used: Molding 2, 660 1, 250 oped Fabrication 940 1, 390 Total 3 , 600 2, 640 Book Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. rint Required: rences 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. 11. How much manufacturing overhead was applied to Job P and how much was applied to Job Q? (Do not round intermediate calculations.) Job P Job Q Manufacturing overhead appliedMolding Fabrication Total Estimated total machine-hours used 3,900 2,340 6,240 Estimated total fixed manufacturing overhead $ 15,600 $ 23,400 $ 39,000 Estimated variable manufacturing overhead per 5 1.40 $ 2.20 machinehour Job P Job Q Direct materials $ 20,280 $ 12,480 Direct labor cost $ 32,760 $ 11,700 Actual machine-hours used: Molding 2,660 1,250 Fabrication 940 1,390 Total 3,600 2,640 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. 12. If Job P included 20 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) _:| P and Q (all data and questions relate to the month of March): Molding Fabrication Total Estimated total machine-hours used 3,900 2,340 6,240 Estimated total fixed manufacturing overhead S 15,600 $ 23,400 $ 39,000 Estimated variable manufacturing overhead per $ 1.40 $ 2.20 machine-hour Job P Job Q Direct materials $ 20,280 $ 12,480 Direct labor cost $ 32,760 $ 11,700 Actual machine-hours used: Molding 2,660 1,250 Fabrication 940 1,390 Total 3,600 2,640 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 0 included 30 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) _:l Molding Fabrication Total Estimated total machine-hours used 3,900 2,340 6,240 Estimated total fixed manufacturing overhead $ 15,600 $ 23,400 $ 39,000 Estimated variable manufacturing overhead per 5 1.40 $ 2.20 machine-hour Job P Job 0 Direct materials $ 20,280 $ 12,480 Direct labor cost $ 32,760 $ 11,700 Actual machine-hours used: Molding 2,660 1,250 Fabrication 940 1,390 Total 3,600 2,640 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 0 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. 14' Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of itsjobs. 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? (Do not round intermediate calculations. Round your nal answers to nearest whole dollar.) Total price for the Job __ SeMngpceperun Molding Fabrication Total Estimated total machine-hours used 3,900 2,340 6,240 Estimated total fixed manufacturing overhead $ 15,600 $ 23,400 $ 39,000 Estimated variable manufacturing overhead per $ 1.40 $ 2.20 machine-hour Job P Job Q Direct materials 5 20,280 $ 12,480 Direct labor cost $ 32,760 $ 11,700 Actual machine-hours used: Molding 2,660 1,250 Fabrication 940 1,390 Total 3,600 2,640 Sweeten Company had no underapplied or overa pplied 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. 15. What was Sweeten Company's cost of goods sold for March? (Do not round intermediate calculations.) Landen Corporation uses ajoborder costing system. At the beginning of the year, the company made the following estimates: Direct laborhours required to support estimated production 95,000 Machine-hours required to support estimated production 47,500 Fixed manufacturing overhead cost $ 266,000 Variable manufacturing overhead cost per direct labor-hour $ 2.60 Variable manufacturing overhead cost per machine-hour $ 5.20 During the year, Job 550 was started and completed. The following information is available with respect to this job: Direct materials 5 273 Direct labor cost $ 237 Direct laborhours 15 Machine-hours 5 Required: 1. Assume that Landen has historically used a plantwide predetermined overhead rate with direct labor-hours as the allocation base. Under this approach: a. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost of Job 550. c If Landen uses a markup percentage of 200% of its total manufacturing cost, what selling price would it establish for Job 550? 2. Assume that Landen's controller believes that machine-hours is a better allocation base than direct labor-hours. Under this approach: at Compute the plantwide predetermined overhead rater b. Compute the total manufacturing cost of Job 550. c. If Landen uses a markup percentage of 200% of its total manufacturing cost, what selling price would it establish for Job 550? (Round your intermediate calculations to 2 decimal places. Round your Predetermined Overhead Rate answers to 2 decimal places and all other answers to the nearest whole dollar.) \fHigh Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company uses ajob-order costing system in which departmental predetermined overhead rates are used to apply manufacturing overhead cost tojobs. The predetermined overhead rate in the Molding Department is based on machine-hours, and the rate in the Painting Department is based on direct labor- hours. At the beginning of the year, the company provided the following estimates: Department Molding Painting Direct labor-hours 31,000 59,500 Machinehours 85,000 30,000 Fixed manufacturing overhead cost $ 229,500 $ 541,450 Variable manufacturing overhead per machine-hour $ 2.80 - Variable manufacturing overhead per direct labor-hour - $ 4.80 Job 205 was started on August1 and completed on August 10. The company's cost records show the following information concerning thejob: Department Molding Painting Direct labor-hours 81 131 Machinehours 350 67 Direct materials $ 930 $ 1,220 Direct labor cost 5 700 $ 950 Required: 1. Compute the predetermined overhead rates used in the Molding Department and the Painting Department. 2. Compute the total overhead cost applied to Job 205; 3-a. What would be the total manufacturing cost recorded for Job 205? 3-D. If thejob contained 36 units, what would be the unit product cost? Required: 1. Compute the predetermined overhead rates used in the Molding Department and the Painting Department. 2. Compute the total overhead cost applied to Job 205. 3-a. What would be the total manufacturing cost recorded for Job 205? 3-b. If thejob contained 36 units, what would be the unit product cost? Complete this question by entering your answers in the labs below. Required 1 Required 2 Required 3A H Required BB Compute the Predetermined Overhead Rates used in the Molding Department and the Painting Department. (Round your answers to 2 decimal places.) Molding Department Painting Department Required 2 > Required: 1' Compute the predetermined overhead rates used in the Molding Department and the Painting Department. 2. Compute the total overhead cost applied to Job 205. 3-a. What would be the total manufacturing cost recorded for Job 205? 3-b. If the job contained 36 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Requiredz Required 3A Required SB Compute the total overhead cost applied to Job 205. (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B What would be the total manufacturing cost recorded for Job 205? (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount.) Molding Painting Department Department Total Direct materials Direct labor Manufacturing overhead Total cost Complete this question by entering your answers in the tabs bel0w. Required 1 Required 2 Required 3A Required 33 If the job contained 36 units, what would be the unit product cost? (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations to the nearest dollar amount. Round your final answer to 2 decimal places.) _