Question
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departmentsMolding and Fabrication. It
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departmentsMolding and Fabrication. It started, completed, and sold only two jobs during MarchJob 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):
| Molding | Fabrication | Total | ||||||
Estimated total machine-hours used |
| 2,500 |
|
| 1,500 |
|
| 4,000 |
|
Estimated total fixed manufacturing overhead | $ | 11,250 |
| $ | 15,750 |
| $ | 27,000 |
|
Estimated variable manufacturing overhead per machine-hour | $ | 1.90 |
| $ | 2.70 |
|
|
|
|
|
| Job P | Job Q | ||||
Direct materials | $ | 18,000 |
| $ | 10,500 |
|
Direct labor cost | $ | 25,000 |
| $ | 9,500 |
|
Actual machine-hours used: |
|
|
|
|
|
|
Molding |
| 2,200 |
|
| 1,300 |
|
Fabrication |
| 1,100 |
|
| 1,400 |
|
Total |
| 3,300 |
|
| 2,700 |
|
|
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.
-
What was the companys plantwide predetermined overhead rate? (Round your answer to 2 decimal places.)
-
How much manufacturing overhead was applied to Job P and how much was applied to Job Q? (Do not round intermediate calculations.)
-
What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.)
-
If Job P included 20 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)
-
What was the total manufacturing cost assigned to Job Q? (Do not round intermediate calculations.)
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