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Molding Fabrication Estimated total Machine hours 3,000 2,000 Estimated total fixed overhead 12,000 13,000 Estimated variable overhead rate per machine hour $2.00 $2.50 Actual data:

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Molding Fabrication Estimated total Machine hours 3,000 2,000 Estimated total fixed overhead 12,000 13,000 Estimated variable overhead rate per machine hour $2.00 $2.50 Actual data: Direct materials used 14,000 8,000 24,000 6,000 Direct labor incurred Machine hours used - Molding dept Machine hours used - Fabricating dept 1,600 600 500 700 Sweeten Company had no jobs in progress at the 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): 5. What was the total manufacturing cost assigned to Job Q? 6. If Job Q included 30 units, what was its unit product cost? 7. 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 P and Q? What are the selling prices for both jobs when stated on a per unit basis? 8. What was Sweeten Company's cost of goods'sold for March? 9. What were the company's predetermined overhead rates in the Molding Department and the Fabrication Department? 10. How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job

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