22 **Required Information***(The following information applies to the questions displayed below.)*Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year—Job P and Job Q. The company uses a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, it estimated that 4,000 machine-hours would be required for the period’s estimated level of production. Sweeten also estimated $29,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.70 per machine-hour.Because Sweeten has two manufacturing departments—Molding and Fabrication—it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following additional information to enable calculating departmental overhead rates:| | Molding | Fabrication | Total ||-------------------------|---------|-------------|--------|| Estimated total machine-hours used | 2,500 | 1,500 | 4,000 || Estimated total fixed manufacturing overhead | $12,500 | $16,500 | $29,000 || Estimated variable manufacturing overhead per machine-hour | $2.40 | $3.20 | |The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows:| | Job P | Job Q ||-------------------------------|--------|--------|| Direct materials | $23,000| $13,000|| Direct labor cost | $29,000| $11,500|| **Actual machine-hours used:** | | || Molding | 2,700 | 1,800 || Fabrication | 1,600 | 1,900 || Total | 4,300 | 3,700 |Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year.**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 predetermined departmental overhead rates with machine-hours as the allocation base in both departments.12. If Job P includes 20 units, what is its unit product cost? *Note

Name: 22 **Required Information***(The following information applies to the
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: 22 **Required Information***(The following information applies to the questions displayed below.)*Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during