Required information The Foundational 15 (LO2-1, LO2-2, LO2-3, LO2-4] [The following information applies to the...

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Required information The Foundational 15 (LO2-1, LO2-2, LO2-3, LO2-4] [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): Molding Fabrication Total 2,500 $14,500 Estimated total machine-hours used 1,500 4,000 $32,200 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour $17,700 2$ 4.00 24 3.20 Job P Job 0 Direct materials $31,000 $35,400 $17,000 $14,700 Direct labor cost Actual machine-hours used: Molding 3,500 2,400 5,900 2,600 2,700 Fabrication 5,300 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 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. Foundational 2-7 7. Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. What selling price would the company have established for Jobs P and Q? What are the selling prices for both jobs when stated on a per unit basis assuming 20 units were produced for Job P and 30 units were produced for Job Q? (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Job P Job Q Total price for the job Selling price per unit

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