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Direct materials Direct labor cost Actual machine-hours used: Molding Fabricatio

ID: 2331048 • Letter: D

Question

Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total Job P Jo $21,000 $7,500 1,700 8 2,300 1,700 600 900 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 a the allocation base. For questions 9-15, assume that the company uses departmental predetermined overhead rates wit machine-hours as the allocation base in both departments. 14-Assume that Sweeten Company used cost-plus pricing (and a marku selling prices for all of its jobs. What selling price would the company have established for Jobs P and Q? What are the selling pric 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? not round intermediate calculations.) p percentage of 80% of total manufacturing cost) to estab Job P Job Q s 38 16 Total price for the job Selling price per unit

Explanation / Answer

Calculate following :

Job P Job Q Total price of the job 38160 26880 Selling price per unit 38160/20 = 1908 per unit 26880/30 = 896 per unit
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