Use photo below to answer ALL questions

1) What was the company's plantwide predetermined overhead rate?

2) How much manufacturing overhead was applied to Job P and how much was applied to Job Q?

3) What was the total manufacturing cost assigned to Job P?

4) If Job P included 20 units, what was its unit product cost?

5) What was the total manufacturing cost assigned to Job Q?

6) If Job Q included 30 units, what was its unit product cost?

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?

8) What was sweeten company's cost of goods sold for March?

9) What were the company's predetermined overhead rates in the molding department and the fabrication department?

10) How much manufacturing overhead was applied from the molding department to Job P and how much was applied to Job Q?

11) How much manufacturing overhead was applied from fabrication department to Job P and how much was applied to Job Q?

12) If Job P included 20 units, what was its unit product cost?

13) If Job Q included 30 units, what was the unit product cost?

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?

15) What was Sweeten Company's cost of goods sold for March?

Required information The Foundational 15 [LO2-1, LO2-2, LO2-3, L02-4) 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 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 Tota 2,500 1,500 4,000 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour $12,250 $16,350 $28,600 $ 2.30 3.10 Direct materials Direct labor cost Actual machine-hours used Molding Fabrication Total $22,000 $12,500 $28,200$11,100 2,600 1,500 4,100 1.700 1,800 3,500 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 c Prev 1 2 3 15 of 17. Next >