Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What was the total manufacturing cost assigned to Job P? Direct materials Direct labor Manufacturing overhead applies Total manufacturing cost + Job P M N

What was the total manufacturing cost assigned to Job P? Direct materials Direct labor Manufacturing overhead applies Total manufacturing cost + Job P M N P 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): Estimated total machine-hours used Molding 2,500 Fabrication Total Estimated total fixed manufacturing overhead $10,000 1,500 $15,000 4,000 $25,000 Estimated variable manufacturing overhead per machine-hour $1.40 $2.20 Job P Job Q Direct materials $13,000 $8,000 Direct labor cost $21,000 $7,500 Actual machine-hours used Molding 1,700 800 Fabrication 600 900 Total 2,300 1,700

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_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Strategy In Managerial Accounting

Authors: Shahid Ansari

1st Edition

0256256225, 978-0256256222

More Books

Students also viewed these Accounting questions