sweeten company naa no jobs in progress at the beginning or maren ana no beginning inventories, ine company nas two manufacturing departments ---Molding and Fabrication. It started, completed, and sold only two jobs during March- Job 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 $13,500 $17,100 $30,600 Estimated variable manufacturing overhead per machine-hour $ 2.80 $ 3.60 Job P $27,000 $32,200 Job $ 15,000 $13,100 Direct materials Direct labor cost. Actual machine-hours used: Molding Fabrication Total 3,100 2,000 5, 100 2,200 2,300 4,500 Sweeten Company had no underapplied or overapplied manufacturing overhead 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, Foundational 2-14 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 assuming 20 units were produced for Job P and 30 units were produced for Job Q? (DO not round intermediate calculations. Round your final answer to nearest whole dollar.) Job P Job Q Total price for the job Selling price per unit 15. What was Sweeten Company's cost of goods sold for March? (Do not round Intermediate calculations.) Cost of goods sold 7. 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 Pand Q? What are the selling prices for both jobs when stated on a per unit basis assuming 20 units were produced for Job P and 30 units were produced for Job Q? (DO not round Intermediate calculations. Round your final answers to nearest whole dollar.) Job P Job Total price for the job Selling price per unit 5. What was the total manufacturing cost assigned to Job ? (Do not round intermediate calculations.) Total manufacturing cost 6. If Job Included 30 units, what was its unit product cost? (Do not round Intermediate calculations. Round your final answer to nearest whole dollar.) Unit product cost
