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Requlred Information

The Foundational $15($Algo$)[$LO$2-1,$ LO$2-2,$ LO$2-3,$ LO$2-4]$

$[$The following information applies to the questions displayed below$]$

Sweeten Company had no Jobs In progress at the beginning of the year and no beginning inventorles. It started, completed, and sold only two Jobs during the year$-$Job P and Job Q$.$ The company uses a plantwide predetermined overhead rate based on machine$-$hours. At the beginning of the year, it estimated that $4,000$ machine$-$hours would be required for the period's estimated level of production. Sweeten also estimated $$26,200$ of fixed manufacturing overhead cost for the coming period and varlable manufacturing overhead of $$200$ per machine$-$hour.

Because Sweeten has two manufacturing departments$-$Molding and Fabrication$-$It is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine$-$hours. The company gathered the following additional information to enable calculating departmental overhead rates:

$1.$ what is the companys plantwide predetermined overhead rate $?$

$2.$ how much manufacturing overhead was applied tk job p and how much was applied to job q$?$

$3.$ what is the total manufacturinf cost assigned to job p$?$

$4.$ if job p includes $20$ units, what is jts unit product cost?

$5.$ what ia the total manufacturing cost assigned to job q$?$

$6.$ if job q includes $30$ units, what is its unit product cost?

$7.$ assume that sweeten company uses cost$-$plus pricing $($and a markup percentage of $80\%$of total manufacturing cost$)$ to establish selling prices for all of its jobs. if job p includes $20$ units and job q includes $30$ units, what selling price would the company establish for jobs p and q$?$ what are the selling prices for both jobs when stated on a per unit basis?

$8.$ what is sweeten company's cost of goods sold for the year?

$9.$ what are the companys predetermined overhead rates in the molding department and the fabrication department?

$10.$ how much manufacturing overhead was applied from the molding department to job p and how much was applied to job q$?$

$11.$ how much manufacturing overhead was applied from the fabrication department to job p and how much was applied to job q$?$

$12.$ if job p inlides $20$ units, what is its unit product cost?

$13.$ if job q includes $30$ units, what is its unit product cost?

$14.$ assume that sweeten company uses cost$-$plus pricing $($and a markup percentage of $80\%$ of total manufacturing cost$)$ to establish selling prices for all of its jobs. if job p includes $20$ units ans job q includes $30$ units, what awllinf price would the company establish for jobs p and q$?$ what are the selling prices for both jobs when stated on a per unit basis?

$15.$ what is sweeten companys cost of goods sold for the year?