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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
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 Holding 4,400 $ 17,600 $ 1.40 Fabrication 2,640 $26,400 $2.20 Total 7,040 $44,000 Job P Direct materials $ 22,000 Job Q $14,000 Direct labor cost $36,960 $ 13,200 Actual machine-hours used: Molding 3,040 1,410 Fabrication 1,060 1,530 Total 4,100 2,940 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 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 4. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.) Total manufacturing cost 4 Part 4 of 50 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 Molding 4,400 $17,000 $1.40 TRAY 2,640 126,40 $2.20 7,048 $44,000 125 points Job P 200225 Direct materials Direct labor cost $ 16,960 3060 $14,000 $13,200 Actual machine-hours used: Holding 3,040 1,410 Fabrication 3,060 1.5M eticok Total 4.100 2,940 Pr Sweeten Company had no underapplied or overappled 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 bese 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 bose 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) O Seed 5 Part 5 of 10 125 patte 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 i Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine- hour Hilding fabrication 4,400 $17,500 Total 2,500 $26,400 7,040 $44,000 $ 1.46 $2.20 Job P 002125 Direct materials $ 22,000 30 0 $14,000 Direct labor cost $16,960 Actual machine-hours useds Molding 3,040 1,410 Fabrication 3,000 1,530 Total 4,100 2,940 eferences 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 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 alocation base 8. Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total mariufacturing 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 Q Total prica for the job Selling price per unit 6 Part 6 of 10 125 points 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 Holding 4,400 $ 17,600 $ 1.40 Fabrication 7,640 $26,400 $2.20 Total 7,040 $44,000 200220 Direct materials Direct labor cost Job F $22,880 $36.960 Job Q $ 14,000 $ 17,200 Actual machine-hours used: Holding 3,040 Fabrication 1,060 1,410 1,530 eBook Total 4,100 2,940 References 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 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 9. What was Sweeten Company's cost of goods sold for March? (Do not round intermediate calculations.) Cost of goods sold Chapter 2 Homework- Se 7 Part 7 of 10 125 points 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 Holding 4,400 $ 17,600 $1.40 fabrication 2,640 $26,400 $2.20 Total 7,040 $44,000 00:20:43 Job F Direct materials $ 22,50 Direct labor cost $36,960 Job Q $ 14,080 $ 13,200 Actual machine-hours used: Holding 3,040 1,430 Fabrication 1,060 1,530 Book Total 4,100 2,940 Print References 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 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 10. What was the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead cate per MH Chapter 2 Homework 00 8 Part of Sweeten Company had no jobs in progress at the beginning of March and no beginning inventones. The company has Two manufaching departments-Molding and Fabrication. It started, completed, and sold only two jobs during March Job P and Job Q. The foliowing additonal information in avotable for the company as a whole and for Jobs Q data and questions relate to the month of March 125 four dretals Direct labor int 122,00 14,000 $3M $1.1 Soveten Company had no underappled or overappled manufacturing overhead costs during the mom 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 Joo included 30 units. For questions 100 15 me that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation # Job Qncluded 30 uns what was its unit product cost? (Do not s nearest whole doller Round your final answer 9 Part 9 of 10 125 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 Holding $ 17,600 51.40 Fabrication 2,648 $26,400 $2.20 $44,000 200208 Direct materials 306 F 522,88 $14,000 Direct labor cost 536,500 $ 13,200 Actual machine-hours used nolding 3,040 1,410 Fabrication 1,536 eBook Total 4,100 2,940 Pr 10 Sweeten Company had no underappled or overappled manufacturing overhead costs during the mon 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 54. 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) Total price for the job Selling price per un Job P Job Q
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