Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. 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 $$29,800$ of fixed manufacturing overhead

cost for the coming period and variable manufacturing overhead of $$2\mathrm{.}90$ 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:

The direct materials cost, direct labor cost, and machine$-$hours used for Jobs $P$ and $Q$ are as follows:

Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year.

Required:

For questions $1-8,$ 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 predetermined departmental overhead rates with

machine$-$hours as the allocation base in both departments.

Foundational $2-15($Algo$)$

What is Sweeten Company's cost of goods sold for the year?

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 $$29,800$ of fixed manufacturing overhead

cost for the coming period and variable manufacturing overhead of $$2\mathrm{.}90$ 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:

The direct materials cost, direct labor cost, and machine$-$hours used for Jobs $P$ and $Q$ are as follows:

Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year.

Required:

For questions $1-8,$ 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 predetermined departmental overhead rates with

machine$-$hours as the allocation base in both departments.

Foundational $2-13($Algo$)$

If Job Q includes $30$ units, what is its unit product cost?