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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.

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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. It started, completed, and sold only two jobs during March --Job P and lot 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): Molding Fabrication Estimated total machine-hours used 2,500 1,500 Estimated total food manufacturing overhead $10,000 $15,000 Estimated variable manufacturing overhead per machine-hour $140 $2.20 Total 4,000 $25,000 Direct materials Direct labor cost Actual machine-hours used Job P Job $13,000 $8,000 $21.000 $7,500 Molding Fabrication Total 1700 600 2,300 800 900 1,700 Sweeten Company had no underapplied or overapplied manufacturing owerhead costs during the month 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 departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 9. What were the company's predetermined overhead rates in the Molding Department and the Fabrication Departement? 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 Pincluded 20 units, what was its unit product cost? 13. If Job Q included 30 units, what was its unit product cost? 14. 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? 15. What was Sweeten Company's cost of goods sold for March? Page 87

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