Estimated total machine-hours used Estimated total fixed manufacturing overhead

Question

Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour 2,500 4,000 $10,000 $15,000 $25,000 1,500 s 1.40 2.20 Job Job Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total $13,000 $8,000 $21,000 $7,500 1,700 800 900 2,300 1,700 600 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 with machine-hours as the allocation base in both departments emetal predetermined overthead ates . What was the total manufacturing cost assigned to Job Q? (Do not round intermediate calculations.) Total Prev 5 6 7of 7 Next

Explanation / Answer

Plant-wide overhead rate: Variable manufacturing Overheads perr MH 3.6 Fixed Manufacturing Overheads per MH 6.25 (25000 /4000) Plantwide OH rate per MH 9.85 Manufacturing Cost of Job Q: Direct Material 8000 Direct Labour 7500 Overheads applied 16745 (1700 MH @ 9.85) Manufacturing Cost of Job Q: 32245 Manufacturing Cost of Job Q: 32245 Divide: Number of Units 30 Unit cost per unit 1074.83 Cost of Goods sold: Job P Job Q Total Direct material 13000 8000 21000 Direct Labour 21000 7500 28500 Overheads applied Job P (2300 MH @ 9.85) 22655 Job Q (1700 MH @ 9.85) 16745 39400 Cost of Goods sold 56655 32245 88900

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