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) Total Estimated total machine-hours used Molding 4,400 Fabrication 2,640 7,040 Estimated total fixed manufacturing overhead $ 17,600 $ 44,000 Estimated variable manufacturing overhead per machine. $ 26,400 $ 2.20 hour $ 1.40 Job P Job Q Direct materials $ 22,800 $ 14,080 Direct labor cost $36,960 $ 13,200 Actual machine-hours used: Molding 3,040 1,410 Fabrication 1,060 1,530 Total 4,100 2,940 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month Required: For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine- hours as the allocation base in both departments and Job P included 20 units and Job Q Included 30 units. For questions 10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base.
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) Total Estimated total machine-hours used Molding 4,400 Fabrication 2,640 7,040 Estimated total fixed manufacturing overhead $ 17,600 $ 44,000 Estimated variable manufacturing overhead per machine. $ 26,400 $ 2.20 hour $ 1.40 Job P Job Q Direct materials $ 22,800 $ 14,080 Direct labor cost $36,960 $ 13,200 Actual machine-hours used: Molding 3,040 1,410 Fabrication 1,060 1,530 Total 4,100 2,940 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month Required: For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine- hours as the allocation base in both departments and Job P included 20 units and Job Q Included 30 units. For questions 10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
5
![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 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
4,400
Fabrication
2,640
Total
7,040
Estimated total fixed manufacturing overhead
$ 17,600
$ 44,000
Estimated variable manufacturing overhead per machine.
hour
$ 26,400
$ 2.20
$ 1.40
Job P
Job Q
$ 14,080
Direct materials
Direct labor cost
$ 22,880
$36,960
$ 13,200
Actual machine-hours used:
Molding
3,040
1,410
Fabrication
1,060
1,530
Total
4,100
2,940
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month
Required:
For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine-
hours as the allocation base in both departments and Job P Included 20 units and Job Q included 30 units. For questions
10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation
base.
12. If Job P included 20 units, what was its unit product cost? (Do not round Intermediate calculations. Round your final answer to
nearest whole doller.)
Unit product cost](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fad4a1d8a-f714-48d4-9f8e-5ca7c5c9633b%2F757c5d12-c962-4872-af4d-49dbe22655b0%2Fndesmn3_processed.jpeg&w=3840&q=75)
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 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
4,400
Fabrication
2,640
Total
7,040
Estimated total fixed manufacturing overhead
$ 17,600
$ 44,000
Estimated variable manufacturing overhead per machine.
hour
$ 26,400
$ 2.20
$ 1.40
Job P
Job Q
$ 14,080
Direct materials
Direct labor cost
$ 22,880
$36,960
$ 13,200
Actual machine-hours used:
Molding
3,040
1,410
Fabrication
1,060
1,530
Total
4,100
2,940
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month
Required:
For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine-
hours as the allocation base in both departments and Job P Included 20 units and Job Q included 30 units. For questions
10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation
base.
12. If Job P included 20 units, what was its unit product cost? (Do not round Intermediate calculations. Round your final answer to
nearest whole doller.)
Unit product cost
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