Need help in ALL requirements 7-15. please add work & steps. thank you in advance!
Required Information The following Information applies to the questions displayed below) 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 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Holding Fabrication Total 2,500 1,500 4,000 $12.000 $16,200 328,200 5 2.20 $ 3.00 Job 521, 527,400 Job $12,eee $10,700 Direct materials Direct labor cost Actual machine-hours used Molding Fabrication Total 2,500 1,400 3.900 1,600 17 200 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 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 Pando? What are the selling prices for both jobs when stated on a per unit basis assuming 20 units were produced for Job P and 30 units were produced for Job ? (Do not round Intermediate calculations. Round your final answers to nearest Whole dollar) 7. Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total manufacturing costs 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 assuming 20 units were produced for Job P and 30 units were produced for Job ? (DO not round Intermediate calculations. Round your final answers to nearest whole dollar) Job P Job Total price for the job Selling price per unit 8. What was Sweeten Company's cost of goods sold for March? (Do not round Intermediate calculations.) Cost of goods sold 9. What were the company's predetermined overhead rates in the Molding Department and the Fabrication Department? (Round your answers to 2 decimal places.) Predetermined Overhead Rate Molding Department Fabrication Department per MH per MH 10. How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q? (Do not round Intermediate calculations.) Job P Job Q Manufacturing overhead applied 11. How much manufacturing overhead was applied from the Fabrication Department to Job P and how much was applied to Job Q? (Do not round Intermediate calculations.) Job P Joba Manufacturing overhead applied 12. If Job P Included 20 units, what was its unit product cost? (Do not round Intermediate calculations.) Unit product cost 13. If Job Q Included 30 units, what was its unit product cost? (Do not round Intermediate calculations. Round your final answer to nearest whole dollar.) Unt product cost 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 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 assuming 20 units were produced for Job Pand 30 units were produced for Job Q? (DO not round Intermediate calculations. Round your final answer to nearest whole dollar.) Job P JobQ Total price for the job Selling price per unit 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. 15. What was Sweeten Company's cost of goods sold for March? (Do not round Intermediate calculations.) Cost of goods sold
