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Required information The Foundational 15 (LO2-1, LO2-2, LO2-3, LO2-4) [The following information applies to the questions displayed below.) Sweeten Company had no jobs in progress

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Required information The Foundational 15 (LO2-1, LO2-2, LO2-3, LO2-4) [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 Molding Fabrication Total 2,500 1,500 4,000 513,000 516,800 $29,800 $ 2.60 $ 3.40 Job P $25,000 $30,600 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total Job $14,000 $12,300 2.000 2.100 4,100 2,900 1.800 4,700 Sweeten Company had no underapplied or overapplied manufacturing overtiead 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 9.15 assume that the company uses departmental predetermined overhead tates with machine hours as the allocation base in both departments Foundational 2-1 1. What was the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead rate por MH Foundational 2-2 2. How much manufacturing overhead was applied to Job P and how much was applied to Job Q? (Do not round intermediate calculations.) Job P Job Manufacturing overhead applied Foundational 2-3 3. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.) Total manufacturing cost Foundational 2-4 4. If Job P Included 20 units, what was its unit product cost? (Do not round Intermediate calculations. Round your final answer to nearest whole dollar.) Unit product cost Foundational 2-5 5. What was the total manufacturing cost assigned to Job Q? (Do not round intermediate calculations.) Total manufacturing cost Foundational 2-6 6.1f Job Q included 30 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) Unit product cost Foundational 2-7 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 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 colculations. Round your final answers to nearest whole dollar) Job P Job Total price for the job Soling price per un Foundational 2-8 8. What was Sweeten Company's cost of goods sold for March? (Do not round intermediate calculations.) Cost of goods sold Foundational 2-9 9. What were the company's predetermined overhead rates in the Molding Department and the Fabrication Department? (Round your answers to 2 decimol ploces.) Predetermined Overhead Rate Molding Department Fabrication Department por Der MH Foundational 2-10 10. How much manufacturing overhead was applied from the Molding Department to Job Pand how much was applied to Job Q? (Do not round intermediate calculotions.) Job P Job Manufacturing overhead applied Foundational 2-11 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 Job Manufacturing ovomed applied Foundational 2-12 12. If Job P included 20 units, what was its unit product cost? (Do not round intermediate calculations.) Unit product cost Foundational 2-13 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.) Unit product cost Foundational 2-14 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) Job P Job a Total price for the job Selling price per un Foundational 2-15 15. What was Sweeten Company's cost of goods sold for March? (Do not round intermediate calculations.) Cost of goods sold

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