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Homework Connect ng Information+ ?https://newconnect.mheducation.com/flow/connect.html ork Seved Required information The folowing information applies to the questlons 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 and questions relate to the month of March): Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine- s 3.3e s Molding Fabrication Total 1,508 4,ee $14,75e 17,850 $32,6ee 2,580 hour 4.19 Job P Job Q1 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total $32,0 $17,588 $36,2e0 $15,100 3,680 2,790 2,500 2,800 5,500 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company the allocation base. For questions 9.15 uses a plantwide predetermined overhead rate with machine-hours as 12. If Job P included 20 units, what was its unit product cost? (Do not round intermediate calculations.) 6216Explanation / Answer
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Molding Deptt OH rate: Fixed OH rate (14750/2500): 5.9 Variable Ohh rate 3.3 Total OH per MH 9.2 fabrication deptt Fixed OH rate (17850/1500) 12 Variable Oh rate 4.1 Total OH per MH 16.1 OVERHEADS ASSIGNED JOB P JOB Q Molding 33120 24840 (@9.20 per MH) Fabrication 40250 45080 (@16.10 per MH) Total OH cost 73370 69920 UNIT PRODUCT COST JOB P JOB Q Material 32000 17500 labour 36200 15100 OH 73370 69920 Total cost 141570 102520 Number of units 20 30 Cost per unit 7078.5 3417.333 Req 12. Unit product cost for Job P: $ 7078.50 Req 13. Unit product cost for Job Q: $ 3417.33Related Questions
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