Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

thank you so much in advance! 6. If Job Q includes 30 units, what is its unit product cost? Note: Do not round intermediate calculations.

thank you so much in advance!
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
6. If Job Q includes 30 units, what is its unit product cost? Note: Do not round intermediate calculations. Round your final answer to nearest whole dollar. 1. What is the company's plantwide predetermined overhead rate? Note: Round your answer to 2 decimal places. Answer is complete but not entirely correct. 11. How much manufacturing overhead was applied from the Fabrication Department to Job P and how much was applied to Job Q? Note: Do not round intermediate calculations. 3. What is the total manufacturing cost assigned to Job P? Note: Do not round intermediate calculations. Round your final answer to nearest whole dollar. 5. What is the total manufacturing cost assigned to Job Q? Note: Do not round intermediate calculations. 12. If Job P includes 20 units, what is its unit product cost? Note: Do not round intermediate calculations. 2. How much manufacturing overhead was applied to Job P and how much was applied to Job Q ? Note: Do not round intermediate calculations. 8. What is Sweeten Company's cost of goods sold for the year? Note: Do not round intermediate calculations. 13. If Job Q includes 30 units, what is its unit product cost? Note: Do not round intermediate calculations. Round your final answer to nearest whole dollar. 4. If Job P includes 20 units, what is its unit product cost? Note: Do not round intermediate calculations. Round your final answer to nearest whole dollar. 10. How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q ? Note: Do not round intermediate calculations. 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 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? Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar. 9. What are the company's predetermined overhead rates in the Molding Department and the Fabrication Department? Note: Round your answers to 2 decimal places. 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 for Jobs P and Q ? What are the selling prices for both jobs when stated on a per unit basis? Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar. 15. What is Sweeten Company's cost of goods sold for the year? Note: Do not round intermediate calculations

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Identify the cause of a performance problem. page 363

Answered: 1 week ago