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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

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 yearJob 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 periods estimated level of production. Sweeten also estimated $27,800 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.40 per machine-hour.
Because Sweeten has two manufacturing departmentsMolding and Fabricationit 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:
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[The following information applies to the questions displayed below.] 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 aiso estimated $27,800 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.40 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: Swecten 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. 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 2-1 (Algo) 1. What is the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.) 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, 915, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. Foundational 2-2 (Algo) 2. How much manufacturing overhead was applied to Job P and how much was applied to Job Q? (Do not round intermediate calculations.) the direct matenais cost, direct labor cost, and macnine-nours used tor joos R and U are as foliows: Sweeten Company had no overapplied or underapplied manufactuting ovethead costs during the yeac. 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 departinents. oundational 2-3 (Algo) What is the total manufacturing cost assigned to Job P ? (Do not round intermediate calctlations. Round your final answer to arest whole dollar.) 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 duting the year. Required: Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours For questions 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 2-4 (Algo) 4. If Job P includes 20 units, what is its unit product cost? (Do not round intermediate calculations, Round your final answer to nearest whole dollar.) The direct materials cost, direct labor cost, and mbchinehours 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 predetepnined departmental overhead rates with machine-hours as the allocation base in both departments. Foundational 2-5 (Algo) 5. What is the total manufacturing cost assigned to Job Q? (Do not round intermediate calculations.) 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 overnead rate with machine hours as the allocation base. For questions, 915, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. oundational 2-6 (Algo) If Job Q includes 30 units, what is its unit product cost? (Do not round intermediate calculations. Round your final answer to rarest whole dollar.) Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year. Required: For questions 1-8, assume that Sweeten Company uses a piantwide 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 2-7 (Algo) 7. Assume that Sweeten Company uses cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. If Job P includes 20 units and Job Q includes 30 units, what selling price would the company establish or 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.) Titimated variable manutacturing overbead per machine-bout 5.2.105,2,90 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 duting the yeat: Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hour 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 2-8 (Algo) 8. What is Sweeten Company's cost of goods sold for the year? (Do not round intermediate calculations.) The cirect materiais cost, direct labor cost, and machine-hours used tor jobs & and Q are as tollows 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, 915, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. Foundational 2-9 (Algo) 9. What are the company's predetermined overhead rates in the Molding Department and the Fabrication Department? (Round your answers to 2 decimal places.) 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 ovethead costs during the year, Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hour5 as the allocation base. For questions, 915, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. Foundational 2-10 (Algo) 10. How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q? (Do hot round intermediate calculations.) The direct materials cost, direct Lsbor cont, and machine-noum uned foe juch P and Q are as falchs. Sweoten Company thad no overapplied or underabplied manufsctuans oneshedd costs during the year Required: For questions 1.8 , assume that Sweeten Compny uses a planthide preditierminht overheod rane with maching-heur as the ollocation base. For questions, 915, assume that the company shes predetermined begartmental ovechebi rates with machine hours is the allocation base in both depprtiterts. Foundational 2-11 (Algo) 11. How much manufacturing overhead was applied froen the Fabricstoon Departinert to job fr anid have much was agplied to Jeb gf? (Do not reund internediate calculations.) Estinatect variable manufacturing overtied per mackine-hour 3.2.10 3.2.90 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, 915, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. Foundational 2-12 (Algo) 12. If Job P includes 20 units, what is its unit product cost? (Do not round intermediatekalculations.) The direct materials cost, direct labor cost, and machine, hours used for jobs P and Q are as followi: 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 mochine.hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overheod rates with machine-hours as the allocation base in both departments. oundational 2-13 (Algo) If Job Q includes 30 units, what is its unit product cost? (Do not round intermediate calculations. Round your final answer to varest whole dollar.) 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 2-14 (Algo) 14. Assume that Sweeten Company uses cost-plus pricing (and a markup percentage of 80 of of total manufacturing cost) to establish seling prices for all of its jobs. If Job P includes 20 units and Job Q includes 30 units, what selling price would the company establish 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.) Eetimated vartabte \#anufacturing overhead per aachine-hour The direct materlals cost, direct labor cost, and machine-hours used for Jobs P and Q are as foliows 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, 915, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. Foundational 2-15 (Algo) 15. What is Sweeten Company's cost of goods sold for the year? (Do not round intermediate calculations.)

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