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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
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 inventorles. 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): Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 9 , assume that Sweeten Company uses departmental predetermined overhead rates with machinehours as the allocation base in both departments and Job P included 20 units and Job Q included 30 units. For questions 10 to 15 , assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish elling prices for all of its jobs. What selling price would the company have established for Jobs P and Q? What are the selling prices or both jobs when stated on a per unit basis? (Do not round Intermedlate calculatlons. Round your final answers to nearest whole ollar.) Requilred 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 Inventorles. 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): Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 9 , assume that Sweeten Company uses departmental predetermined overhead rates with machInehours as the allocation base in both departments and Job P Included 20 units and Job Q Included 30 units. For questions 10 to 15 , assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. What was Sweeten Company's cost of goods sold for March? (Do not round Intermedlate calculations.)
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