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 oely two jobs during March Job P and Jolb Q. The following additional information is available for the company as a whole and for Jobs P and Q (al data and questions relate to the month of March)k Estimated total machine-hours used Estimated total fixed manufacturing overheed Estimated variable manufacturing overhead 2,500 1500 4000 $10,000 $15,000 $25,000 140 $2.20 13000 $8,000 $21000 $7,500 Direct materials Direct labor cost Actual machine hours used Molding Fabrication Total 1700 00 .2300 1,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. For questions 1-8. assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. Ifor questions 9-15. assume that the company uses departmental predetermned overhead rates with machine-hours as the allocation base in both departments. 1. Wlut was the company's pluitwide predetermined overbead rute 2. How much manufocturing overhead was applied to Job P and how much was applied to Job Q? 3. What was the total manufacturing cost assigned to Job P? 4. If Job P included 20 units, what was sts unst product cost? 5. What was the total manufacturing cost assigned to Job Q? 7. Mssume that Sweeten Company uted 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 hoth jobs when stated on a per nit basis? 8. What was Swecten Company's cost of goods sold for Mareh? 9. What were the company'epredetermined overhead retes in the Molding Department and the Fabrication Department? 10. Ilow much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q? 11. How much manufocturing overhead was applied from the Fabricotion Department to Job P and how much was applied to Job Q? 12. If Jub P ilued 20 units, whal was its mil product cost? 13. IT Jub Q included 30 umts, whhat was its unt wduct cost? 14. Assume that Sweeten Company used cost plus pricing (and a markup percentage of 80% of total manufacturing cost) Page 87 to establish sclling prices for all of its jobs. What selling price would the company have established for Jobs P andQ What are the selling prices for both jobs when stated on a per unit basis? What was Sweeten Company's cost ot goods sold tor March? IS