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line rollowing inmormation applies to the questions displayed Delowj Sweeten Company had no jobs in progress atthe beginning of March and no beginning inventories. The
line rollowing inmormation applies to the questions displayed Delowj Sweeten Company had no jobs in progress atthe beginning of March and no beginning inventories. The company has two manufacturing departments--Molding and Fabrication. It started, completed, and sold only two jobs during March- Job 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 machine-hours used 2,500 1,500 4,000 Estimated total fixed manufacturing overhead 12,250 16,350 $28,600 Estimated variable manufacturing overhead per machine-hour 22.30 10 Job P Job Q Direct materials 22,000 $12,500 Direct labor cost $28, 200 $11 100 Actual machine-hours used Molding 2,600 1,700 1,800 Fabrication l, 500 4, 100 3,500 Total Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. 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 departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 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 its jobs. What selling price would the company have established for Jobs Pand Q? What are the selling prices for both jobs when stated on a per unit basis? (Round your final answers to nearest whole dollar.)
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