Question
Molding Fabrication Total Estimated total machine-hours used 2,500 1 ,500 4,000 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead $10,000 $15,000 $25,000 per machine-hour
Molding Fabrication Total
Estimated total machine-hours used 2,500 1 ,500 4,000
Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead $10,000 $15,000 $25,000
per machine-hour $1.40 $2.20
Job P Job Q
Direct materials $13,000 $8,000
Direct labor cost
Actual machine-hours used: $21,000 $7,500
Molding 1,700 800
Fabrication 600 900
Total 2,300 1,700
Sweeten Company had no jobs in progress at the beginning of March and no beginning Inventories. company has two manufacturing departmentsMolding and Fabrication. It started, completed sold only two jobs during MarchJob 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):
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.
Required:
For questions 18, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions 915, assume that the company uses departemental predetermined overhead rates with machine-hours as the allocation base in both departments1. What was the company's plantwide predetermined overhead rate?
2. How much manufacturing overhead was applied to Job P and how much was applied to Job Q?
3. What was the total manufacturing cost assigned to Job P?
4. If Job P included 20 units, what was its unit product cost?
5. What was the total manufacturing cost assigned to Job Q?
6. If Job Q included 30 units, what was its unit product cost?
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