Question
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
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 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 | $ | 11,500 | $ | 15,900 | $ | 27,400 | |||
Estimated variable manufacturing overhead per machine-hour | $ | 2.00 | $ | 2.80 | |||||
Job P | Job Q | |||||
Direct materials | $ | 19,000 | $ | 11,000 | ||
Direct labor cost | $ | 25,800 | $ | 9,900 | ||
Actual machine-hours used: | ||||||
Molding | 2,300 | 1,400 | ||||
Fabrication | 1,200 | 1,500 | ||||
Total | 3,500 | 2,900 | ||||
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.
Required:
Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments.
9. What were the companys predetermined overhead rates in the Molding Department and the Fabrication Department? (Round your answers to 2 decimal places.)(A) Moulding Department Manufacturing overhead Rate.?? (B)Fabrication department Overhead Rate..??
10.How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q? (Do not round intermediate calculations.)
Manufacturing Overhear Job P and Job Q..??
11.How much manufacturing overhead was applied from the Fabrication Department to Job P and how much was applied to Job Q? (Do not round intermediate calculations.)
12. If Job P included 20 units, what was its unit product cost? (
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