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

Question

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): 1,500 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour 4,000 $14,250 $17,550 $31,800 2,500 3.10 3.90 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total $30,000 $16,500 $34,600 $14,300 3,400 2,500 2,3002,600 5,100 5,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required Forquestions?8, assume that Sweeten company uses a plantwide predetermined overhead rte 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 . If Job Q included 30 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to earest whole dollar.)

Explanation / Answer

Solution 6:

Plant wide pre determined overhead rate = Estimated overhead / Estimated machine hours

Estimated total overhead = Variable overhead + Fixed overhead = (2500*$3.10) + (1500*$3.90) + $31,800

= $45,400

Predetermined overhead rate = $45,400 / 4000 = $11.35 per machine hour

Solution 8:

Cost of goods sold for march = $129,295 + $88,685 = $217,980

Solution 9:

Solution 10:

Solution 11:

Note: I have answered more than required parts of the question as per chegg policy, kindly post separate question for answer of remaining parts.

Compuatation of unit product cost of Job Q Particulars Job Q Direct Material $16,500 Direct Labor $14,300 Manufacturing overhead
Q - 5100*$11.35 $57,885 Total Manufacturing cost $88,685 Nos of units $30 Unit product cost $2,956

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