Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the total manufacturing cost for Job P? If Job P included 20 units, what was its unit product cost? What was the total
What is the total manufacturing cost for Job P?
If Job P included 20 units, what was its unit product cost?
What was the total manufacturing cost assigned to Job Q? (
SUUNNI [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 Pand Q (all data and questions relate to the month of March): Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,5ee $17,180 $30,680 $ 2.80 $ 3.60 Job P $27,000 $32,200 Job $15, eee $13,120 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,180 2,000 5,18 2,200 2,380 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. 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
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started