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The Foundational 15 (LO2-1, LO2-2, LO2-3, LO2.4) {The following information applies to the questions displayed below.) Sweeten Company had no jobs in progress at the

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The Foundational 15 (LO2-1, LO2-2, LO2-3, LO2.4) {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 Pand 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 $15,000 $25,000 Estimated variable manufacturing overhead per machine-hour $10,000 $ 1.40 $ 2.20 Job P $13,000 521,000 Job 58,000 57,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,700 600 2.3180 800 900 1700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month Required: For questions 1-3, 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 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 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 answers to nearest whole dollar) Job Job 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.) Cot of goods sold 9. What were the company's predetermined overhead rates in the Molding Department and the Fabrication Department? (Round your answers to 2 decimal places.) Prodotomid Overhede Molding Department Fabrication Department Der MH Der MH 10. How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q7 (Do not round intermediate calculations.) Job P Job Manufacturing overhead applied 11. How much manufacturing overhead was applied from the Fabrication Department to Job Pand how much was applied to Job Q? (Do not round Intermediate calculations.) Job P Job Manufacturing overhead applied

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