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Required information [The fotfowr'ng information applies to the questions disofayeo'befow] Sweeten Company had nojobs in progress at the beginning of March and no beginning inventories.
Required information [The fotfowr'ng information applies to the questions disofayeo'befow] Sweeten Company had nojobs in progress at the beginning of March and no beginning inventories. The company hastwo manufacturing departmentsMolding and Fabrication. It started, completed, and sold onlytwojobs 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): Molding Fabrication Total Estimated total machine-hours used 2,599 1,599 4,999 Estimated total fixed manufacturing overhead $11,599 $15,999 $2?,499 Estimated variable manufacturing overhead per machinehour $ 2.99 $ 2.89 ' Job P Job Q Direct materials $19,999 $11,999 Direct labor cost $25,899 $ 9,999 Actual machine-hours used: Molding 2,369 1,469 Fabrication 1,299 1,599 Total 3,599 2,999 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 19, assume that Sweeten Company uses departmental predetermined overhead rates with machinehours asthe allocation base in both departments and Job P included 20 units and Job 0 included 30 units. For questions 1015, assume that the company uses a plantwide predetermined overhead rate with machineh ours as the allocation base. 5. lfJob P included 20 units, what was its unit product cost? [Do not round intermediate calculations. Round your final answer to nearest whole dollar.) $ 4,251 14. Assume that Sweeten Company used cost-plus pricing [and a markup percentage of 80% oftotal manufacturing cost) to establish selling prices for all of itsjobs. 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? [Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Total price forthsjob Selling price per unit 15. What was Sweeten Company's cost of goods sold for March? [Do not round intermediate calculations.) _:| 6. What wasthe total manufacturing cost assigned to Job Q? [Do not round intermediate calculations.) 9 Answer is complete but not entirely correct. 3; 47 .435 6 7. lfJob Q included 30 units, what was its unit product cost? [Do not round intermediate calculations. Round your final answer to nearest whole dollar.) _:l 3. Assume that Sweeten Company used costplus pricing [and a markup percentage of 80% oftotal manufacturing costi to establish selling prices for all of itsjobs. 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? [Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Total price forthejob Selling price per unit 9. What was Sweeten Company's cost of goods sold for March? [Do not round intermediate calculations.) _:| \f11. How much manufacturing overhead was applied to Job P and how much was applied to Job Q? [Do not round intermediate calculations.) Manufacturing overhead applied __ 12. lfJob P included 20 units, what was its unit product cost? [Do not round intermediate calculations. Round your final answer to nearest whole dollar.) _:| 13. lfJob Q included 30 units, what was its unit product cost? [Do not round intermediate calculations. Round your final answer to nearest whole dollar.) _:|
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