Jób$26,000$31,400Job 0$14,500$12,700Direct materialsDirect labor costActual machine-hours used:MoldingFabrication2,1002,2003,0001,9004,900Total4,300Sweeten 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 asthe allocation base. For questions 9-15, assume that the company uses departmental predetermined overhead rates withmachine-hours as the allocation base in both departments.13. If Job Q included 30 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer tonearest whole dollar.)Unit product coit1,992 Required information(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 hastwo manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March-JobPand Job Q. The following additional information is available for the company as a whole and for Jobs Pand a (all dataand questions relate to the month of March)Estinated total machine-hours usedEstinated total fixed manufacturing overheadEatimated variable manufacturing overhead per nachine-hourMolding Fabrication total2,500 1,500$13,250$ 2.70 S J.50$ 16,9504,000$30,200Job JobO$26,000$31,400 $12,700Direct aaterials$14,500Direct labor coetActual machine-houre wsedMoldingTabrication3,0001,9004,9002,1002,2004,300TotalSweeten 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 asthe allncatinn hase For muectinns Q.15 assume that the cnmnanu nn fenartmental nredatermminert nuerheard rat E with

The overhead is applied to the jobs on the basis of predetermined overhead rate for different…

Answered: 13. If Job Q included 30 units, what…

13. 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.) Unit product cost 1.992

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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