Required:

Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments.

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.)

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 P and 30 units were produced for Job Q? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)

15. What was Sweeten Companys cost of goods sold for March? (Do not round intermediate calculations.)

Solution 9 Estimated Fixed Manufacturing Overheads (A) Estimated Total Mahine Hours (B) Fixed Overhead Rate (A/B) Variable Overhead Rate (Given) Predetermined Overhed Rate (Fixed + Variable) Molding Fabrication $ 10,250 $ 15,150 2500 1500 $ 4.10 S 10.10 1.50 S 2.30 $ 5.60 $ 12.40 Solution 10. Molding Department Predetermined Overhead Rate (A) No. of Machine Hour Used (B) Manufacturing Overhed Applied (A*B) Job P Job Q $ 5.60 $ 5.60 1800 900 $ 10,080.00 $ 5,040.00 Solution 11 Job P Fabrication Department Predetermined Overhead Rate (AS No. of Machine Hour Used (B) Manufacturing Overhed Applied (A*B) $ Job Q 12.40 $ 700 8,680$ 12.40 1000 12,400 Solution 12. Product P $ 14,000 $ 21,800 $ 10,080 $ 8,680 $ 54,560 20 Units 2,728.00 Direct Material Cost Labor Cost Molding Manufacturing Overhead Fabrication Manufacturing Overhead Total Cost No of Units Unit Product Cost (Total Cost/No of Units) [ 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 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): Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $10,250 $15, 150 $25,400 $ 1.50 $ 2.30 Job P $14,000 $21,800 Job O $8,500 $7,900 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,800 700 2,500 900 1,000 1,900 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