The following information applies to the questions displayed below.] 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 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): of 15 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturin 2,500 1,500 4,000 $14,500 $17,700 $32,200 g overhead per machine-hour 3.20 4.00 11 Job P Job 31,000$17,000 $35,400 $14,700 Direct materials Direct labor cost Actual machine-hours used Molding 3,500 2.400 5.900 2,600 2,700 5.300 Total 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 2-1 1. What was the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.) per MH 2. How much manufacturing overhead was applied to Job P and how much was applied to Job Q? (Do not round intermediate calculations.) Job P Job Q Manufacturing overhead applied 3. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.) Foundational 2-4 4. If Job PI nearest whole dollar.) 20 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to 5. What was the total manufacturing cost assigned to Job Q? (Do not round intermediate c 6. If Job Q included 30 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) nit Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total 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 Q7 (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Job P Job Q Total price for the job Selling price per unit 8. What was Sweeten Company's cost of goods sold for March? (Do not round intermediate calculations.) s sold
