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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

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
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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Jób $26,000 $31,400 Job 0 $14,500 $12,700 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication 2,100 2,200 3,000 1,900 4,900 Total 4,300 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. 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 coit 1,992
Transcribed Image Text:Jób $26,000 $31,400 Job 0 $14,500 $12,700 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication 2,100 2,200 3,000 1,900 4,900 Total 4,300 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. 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 coit 1,992
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 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 Pand a (all data and questions relate to the month of March) Estinated total machine-hours used Estinated total fixed manufacturing overhead Eatimated variable manufacturing overhead per nachine-hour Molding Fabrication total 2,500 1,500 $13,250 $ 2.70 S J.50 $ 16,950 4,000 $30,200 Job JobO $26,000 $31,400 $12,700 Direct aaterials $14,500 Direct labor coet Actual machine-houre wsed Molding Tabrication 3,000 1,900 4,900 2,100 2,200 4,300 Total 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 allncatinn hase For muectinns Q.15 assume that the cnmnanu nn fenartmental nredatermminert nuerheard rat E with
Transcribed Image Text: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 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 Pand a (all data and questions relate to the month of March) Estinated total machine-hours used Estinated total fixed manufacturing overhead Eatimated variable manufacturing overhead per nachine-hour Molding Fabrication total 2,500 1,500 $13,250 $ 2.70 S J.50 $ 16,950 4,000 $30,200 Job JobO $26,000 $31,400 $12,700 Direct aaterials $14,500 Direct labor coet Actual machine-houre wsed Molding Tabrication 3,000 1,900 4,900 2,100 2,200 4,300 Total 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 allncatinn hase For muectinns Q.15 assume that the cnmnanu nn fenartmental nredatermminert nuerheard rat E with
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