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 13. If Job Q includes 30 units, what is its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar) Unit product cost 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. 12. If Job Pincludes 20 units, what is its unit product cost? (Do not round intermediate calculations.) Un product.com 14. 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 Pincludes 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.) Jobp Job 0 Total price for the job Seling price per unit overhead costs during the year Pri 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 ofrece 15. What is Sweeten Company's cost of goods sold for the year? (Do not round intermediate calculations.) Required information [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 also estimated $26,200 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.00 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: Molding Fabrication Total Estimated total machine-hours used 2,500 1,500 4,000 Batin ed fixed manufacturing overhead $ 10,750 $ 15,450 $26,200 Estimated variable manufacturing overhead por machine-hour $ 1.70 $ 2.50 The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows: Job Job Direct materials $ 16,000 $9,500 Direct labor cost $ 23,400 $ 8,700 Actual machine-hours used Molding 2,000 1.100 Fabrication 900 1.200 Total 2,900 2,100 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
