Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories....

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Sweeten Company had no jobs in progress at the beginning ofMarch and no beginning inventories. The company has twomanufacturing departments—Molding and Fabrication. It started,completed, and sold only two jobs during March—Job P and Job Q. Thefollowing additional information is available for the company as awhole and for Jobs P and Q (all data and questions relate to themonth of March): Molding Fabrication Total Estimated totalmachine-hours used 2,500 1,500 4,000 Estimated total fixedmanufacturing overhead $ 12,000 $ 16,200 $ 28,200 Estimatedvariable manufacturing overhead per machine-hour $ 2.20 $ 3.00 JobP Job Q Direct materials $ 21,000 $ 12,000 Direct labor cost $27,400 $ 10,700 Actual machine-hours used: Molding 2,500 1,600Fabrication 1,400 1,700 Total 3,900 3,300 Sweeten Company had nounderapplied or overapplied manufacturing overhead costs during themonth. Required: For questions 1-8, assume that Sweeten Companyuses a plantwide predetermined overhead rate with machine-hours asthe allocation base. For questions 9-15, assume that the companyuses departmental predetermined overhead rates with machine-hoursas the allocation base in both departments.

5. What was the total manufacturing cost assigned to Job Q?

6. If Job Q included 30 units, what was its unit product cost?(Do not round intermediate calculations. Round your final answer tonearest whole dollar.)

7. Assume that Sweeten Company used cost-plus pricing (and amarkup percentage of 80% of total manufacturing cost) to establishselling prices for all of its jobs. What selling price would thecompany have established for Jobs P and Q? What are the sellingprices for both jobs when stated on a per unit basis assuming 20units were produced for Job P and 30 units were produced for Job Q?(Do not round intermediate calculations. Round your final answersto nearest whole dollar.)

8. What was Sweeten Company’s cost of goods sold for March? (Donot round intermediate calculations.)

9. What were the company’s predetermined overhead rates in theMolding Department and the Fabrication Department? (Round youranswers to 2 decimal places.)

10. How much manufacturing overhead was applied from the MoldingDepartment to Job P and how much was applied to Job Q? (Do notround intermediate calculations.)

11. How much manufacturing overhead was applied from theFabrication Department to Job P and how much was applied to Job Q?(Do not round intermediate calculations.)

12. If Job P included 20 units, what was its unit product cost?(Do not round intermediate calculations.)

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.)

14. Assume that Sweeten Company used cost-plus pricing (and amarkup percentage of 80% of total manufacturing cost) to establishselling prices for all of its jobs. What selling price would thecompany have established for Jobs P and Q? What are the sellingprices for both jobs when stated on a per unit basis assuming 20units were produced for Job P and 30 units were produced for Job Q?(Do not round intermediate calculations. Round your final answer tonearest whole dollar.)

15. What was Sweeten Company’s cost of goods sold for March? (Donot round intermediate calculations.)

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Sweeten Company had no jobs in progress at the beginning ofMarch and no beginning inventories. The company has twomanufacturing departments—Molding and Fabrication. It started,completed, and sold only two jobs during March—Job P and Job Q. Thefollowing additional information is available for the company as awhole and for Jobs P and Q (all data and questions relate to themonth of March): Molding Fabrication Total Estimated totalmachine-hours used 2,500 1,500 4,000 Estimated total fixedmanufacturing overhead $ 12,000 $ 16,200 $ 28,200 Estimatedvariable manufacturing overhead per machine-hour $ 2.20 $ 3.00 JobP Job Q Direct materials $ 21,000 $ 12,000 Direct labor cost $27,400 $ 10,700 Actual machine-hours used: Molding 2,500 1,600Fabrication 1,400 1,700 Total 3,900 3,300 Sweeten Company had nounderapplied or overapplied manufacturing overhead costs during themonth. Required: For questions 1-8, assume that Sweeten Companyuses a plantwide predetermined overhead rate with machine-hours asthe allocation base. For questions 9-15, assume that the companyuses departmental predetermined overhead rates with machine-hoursas the allocation base in both departments.5. What was the total manufacturing cost assigned to Job Q?6. If Job Q included 30 units, what was its unit product cost?(Do not round intermediate calculations. Round your final answer tonearest whole dollar.)7. Assume that Sweeten Company used cost-plus pricing (and amarkup percentage of 80% of total manufacturing cost) to establishselling prices for all of its jobs. What selling price would thecompany have established for Jobs P and Q? What are the sellingprices for both jobs when stated on a per unit basis assuming 20units were produced for Job P and 30 units were produced for Job Q?(Do not round intermediate calculations. Round your final answersto nearest whole dollar.)8. What was Sweeten Company’s cost of goods sold for March? (Donot round intermediate calculations.)9. What were the company’s predetermined overhead rates in theMolding Department and the Fabrication Department? (Round youranswers to 2 decimal places.)10. How much manufacturing overhead was applied from the MoldingDepartment to Job P and how much was applied to Job Q? (Do notround intermediate calculations.)11. How much manufacturing overhead was applied from theFabrication Department to Job P and how much was applied to Job Q?(Do not round intermediate calculations.)12. If Job P included 20 units, what was its unit product cost?(Do not round intermediate calculations.)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.)14. Assume that Sweeten Company used cost-plus pricing (and amarkup percentage of 80% of total manufacturing cost) to establishselling prices for all of its jobs. What selling price would thecompany have established for Jobs P and Q? What are the sellingprices for both jobs when stated on a per unit basis assuming 20units were produced for Job P and 30 units were produced for Job Q?(Do not round intermediate calculations. Round your final answer tonearest whole dollar.)15. What was Sweeten Company’s cost of goods sold for March? (Donot round intermediate calculations.)

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