Swed 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 Panda (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 2,600 $ 10,400 $ 1.40 Fabrication 1,560 $ 15,600 $ 2.20 Total 4,160 $ 26,000 Job Job $ 13,520 $ 8,320 $21,840 57,800 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,780 620 2,400 838 930 1,760 Sweeten Company had no underappilled or overapplied manufacturing overhead costs during the month Required: For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine hours 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 1. What were the company's predetermined overhead rates in the Molding Department and the Fabrication Department (Round your answers to 2 decimal places.) Molding Department Fabrication Department Predetermined Overhead Ram per MH per MH 6252F%252Fnewconnectinheducation.com 252F/activity/que Foundational 15 Seved HE 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 2,600 $ 10,400 $ 1.40 Fabrication 1.560 5 15,600 5.2.20 Total 4,160 5 26,000 830 930 Job P Job Direct materials 13,520 58,320 Direct labor cost $ 21,840 $ 7,00 actual machine-hours used: Molding 1,780 Fabrication 620 Total 2,400 1,760 Sweeten Company had no inderapplied or overapplied manufacturing overhead costs during the month Required: For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine hours as the allocation base in both departments and Job P included 20 units and Job 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 2. How much manufacturing overhead was applied from the Molding Department to Job Pand how much was applied to Job Q? (Do not round intermediate calculations.) Job P Job Manufacturing overhead applied 3 two man tacturing oepartments-Mooing ano roncation it startea, competea, ang soia ony wojobs ouring March Job P and Job Q. The following additional Information is available for the company as a whole and for Jobs P and Qfall data and questions relate to the month of March Panofs stated total sachin hours used Estimated to five facturing overhead Estimated variable mutactarine overhead per machine Fabrication 1,500 5 15.0 5 2.20 2.600 $ 10,00 $1.40 Yota $ 20,000 4.16 1 De Direct starts Direct labor con Actual machine $ 11,520 521, 5 1.110 57.000 1,7 10 Total 1.760 Sweeten Company had no underapplied or over apped manufacturing overhead costs during the month Required: For questions to assume that Sweeten Company uses departmental predetermined overhead rates with made hours as the allocation is in both departments and Job Pincluded 20 units and ob included 30 units For questions 10 to 15. ssume that the company uses a planwide predetermined overhead rate with machine hours as the allocation 2. How much manufacturing overhead was applied from the Fabrication Department to job and how much was applied to job Do not found intermediate calculations) Manuale applied 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 The following additional information is available for the company as a whole and for Jobs Panda (all data and questions relate to the month of March Estimated total machine hours used Estimated total fixed manufacturing overhead Ested variable manufacturing overhead per machine Holding 2.600 $ 10,400 51.0 Fabrication 1,560 $ 15.000 5.2.20 Total 4,160 526,000 Job Job Direct materias $ 13,520 Direct labor cost 5 3,370 $ 21,140 1.7.000 Actual machine hours used Holding 1,760 Fabrication 620 9 Total 2.400 1,760 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month Required: For questions to assume that Sweeten Company uses departmental predetermined overhead rates with machine hours as the allocation base in both departments and Job Pincluded 20 units and Job included 30 units. For questions 10 to 15. assume that the company uses a plantwide predetermined overhead rate with machine hours as the allocation What was the total manufacturing cost assigned to Job ? (Do not round Intermediate calculations) 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 fall 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 Holding 2,600 $ 10,400 $ 1.40 Fabrication 1,560 $ 15,600 $ 2.20 Total 4,160 $ 26,000 Job Job P $ 13,520 $ 21,84e $ 8,320 $ 7,800 Direct materials Direct Labor cost actual machine-hours used! Molding Fabrication Total 1,750 620 2,400 830 93e 1,760 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month Required: For questions to 9 assume that Sweeten Company uses departmental predetermined overhead rates with machine hours as the allocation base in both departments and Job Pincluded 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 5. Job P included 20 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar) Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine hoor Melding 2,600 5 10,00 $1.00 Fabrication 1,560 15,600 5 2.20 Total 4,160 5:26,00 its Job $ 13,50 $ 21,140 Job $3,10 5,800 Direct materials Direct labor cost Actual machine-hours used Molins Fabrication Total 1,7 620 2,400 330 2 1,70 weeten Company had no underapplied or overapplied manufacturing overhead costs during the month quired For questions to assume that Sweeten Company uses departmental predetermined overhead rates with machine hours as the allocation base in both departments and Job Pincluded 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 6. What was the total manufacturing cost assigned to Job Q' (Do not round Intermediate calculations) 7 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) pan75 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine hour Holding 2,600 $ 10,400 5.1.40 Fabrication 1,500 5 15,600 5.2.20 Total 4.150 $ 26,000 1 Do Job Job Direct materials $ 13,520 $ 8,320 Direct Labor cost $ 21,040 $ 7,500 Actual machine-hours used: ling 1,700 Bja acation 910 Total 2,400 1.750 weten Company had no underapplied or overapplied manufacturing overhead costs during the month, Required: For questions to assume that Sweeten Company uses departmental predetermined overhead rates with machine hours as the allocation base in both departments and Job P included 20 units and Job 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 2 Job included 30 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to net whole dollar) 8. 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? (Do not round intermediate calculations. Round your final answers to nearest whole dollar) Job P Job Total price for the job Selling price per unit 5-13.920 $21,810 16,320 17,000 Direct materials Direto actual hours wie Holdin ta 1.760 1.700 Sweeten Company had no undeplied or overapplied manufacturing overhead costs during the month Required For questions to assume that weten Company uses departmental predetermined overhead rates with machine hers as the location base in both deatments and Job Pinduded 20 units and Job included 30 units Forquestions 10 to 15 that the company is a plantidepredetermined overhead rate with machinebours as the location fo What was Sete Company cost of goods sold for Marche (Do not round intermediate calculation) tudio biti 1,760 620 930 1. en Company had no underapplied or overappled manufacturing overhead costs during the month Required For questions to 9 anume that Sweeten Company uses departmental predetermined overhead rates with machine hours as the allocation base in both departments and Job Pincluded 20 units and Job included 30 units For question 10 to 15. mume that the company uses a platwide predetermined overhead rate with machine houts as the allocation bos to What was the compartide predetermined overhead te Round your answer to 2 decimal places) . 11 - w www 0 WOW w C Chaw 12 -- Torcement Molding and Fabrication it are completed, and so on March and Job The following addisional information is available for the company in a whole anders and dato other of March mtu title facture 2. 110, 4. . . 11. 12 32 57.100 U ! en Comhed mode or vele factured con during the month thegud For to turn that Sweden Company departmental predeterne overheadates with the Nous continet de 20 de o 15 we tume company es werden wie man 2ebdew was ou Do not und intermediate confound your finanswer to near whole dale
Chapter 2 Foundational 15 13 UMMUT 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 Qfall data and questions relate to the month of March Total 2,600 Ettsted total machine hours used Estimated total lived manufacturing overhead Estimated variable manufacturing overhead per machines hour Holding $ 10,400 $ 1.40 Fabrication 1,560 5 15.600 $ 2.20 4.160 $26.000 Dob $ 13,520 5 21.6.0 Job 58 320 57.100 Direct materials Direct Labor cost Actual machine hoursused Molding Fabrication Total 1,750 80 950 2.400 D Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month Required: For questions to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine hours as the allocation base in both departments and Job Pincluded 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 13 Jobmcluded 30 units what was its unit product cost? (Do not round Intermediate calculations. Round your final answer to nearest whole dollar) Chapter 2 Foundational 15 Saved Con queSUS Itiate the OMC) 14 Estimated total wachine-hour's used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine hour Moldin 2.600 $ 10,400 $ 1.40 Tabrication 1.560 5.15,600 Tota 4,160 3 26.000 Part 14 or 15 Job 5 13,520 $ 21,840 1 DOHTE Job $ 8,320 $ 7,800 Direct ateriats Direct Labor cost Actual machine-hour's used: Holding Fabrication Total 1,780 620 2.400 830 9.30 1,760 bos 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 machine hours as the allocation base in both departments and Job Pincluded 20 units and Job Q included 30 units For questions 10 to 15, assume that the company wies a plantwide predetermined overhead rate with machine hours as the allocation base Defence 14 Assume that Sweeten Company used cost.plus pricing (and armarkup 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? (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Job P Jobs Total price for the job Selling price per unit Part 15 15 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 Pond (a data and questions relate to the month of March line Ytriction Total Estimated total machine hours wied 2.600 1,500 4,160 Estated total fixed facturing overhead $ 10,400 $15.60 $ 20,00 Estimated variable manufacturing overhead per machine hour $ 1.40 o 181 be $ 13,50 $21.40 1.320 $ 7,000 Direct aterials Direct Labor cost Actual machine hours used Holdin Falco total 1.780 10 910 Sweeten Company had no underapplied or overopphed manufacturing overhead costs during the month Required: For questions to assume that Sweeten Company uses departmental predetermined overhead rates with machine hours as the allocation base in both departments and Job included 20 units and Job included 30 units For questiom 10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine hours as the allocation base 15 What was Sweeten Company's cost of goods sold for Match? (Do not round intermediate calculations.) Detode