Le following an applies to the questions displayed below.j Sweeten Company had no jobs in progress at the beginning of March and no beginning inventoric two manufacturing departments-Molding and Fabrication. It started, completed, and sold only twe Job P and Job Q. The following additional information is available for the company as a whole and data and questions relate to the month of March): Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Direct materials. Direct labor cost Actual machine-hours used: Molding Fabrication Total Job P $13,000 $ 21,000 1,700 600 2,300 Job Q $ 8,000 $7,500 800 900 1,700 Molding 2,500 $ 10,000 $ 1.40 Fabrication. 1,500 $ 15,000 $ 2.20 Total 4,000 $ 25,000 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the Required:

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 4E: The cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the...
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e following an applies to the questions 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 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):
Estimated total machine-hours used
Estimated total fixed manufacturing overhead
Estimated variable manufacturing overhead per
machine-hour
Direct materials.
Direct labor cost
Actual machine-hours used:
Molding
Fabrication
Total
Job P
$13,000
$ 21,000
1,700
600
2,300
Unit product cost
Job Q
$ 8,000
$7,500
800
900
1,700
Molding
2,500
$ 10,000
$ 1.40
Fabrication.
1,500
$ 15,000
$ 2.20
Total.
4,000
$ 25,000
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.
Required:
For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine-
hours as the allocation base in both departments and Job P included 20 units and Job Q included 30 units. For questions
10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation
base.
5. If Job P included 20 units, what was its unit product cost? (Do not round intermediate calculations.)
Transcribed Image Text:e following an applies to the questions 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 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): Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Direct materials. Direct labor cost Actual machine-hours used: Molding Fabrication Total Job P $13,000 $ 21,000 1,700 600 2,300 Unit product cost Job Q $ 8,000 $7,500 800 900 1,700 Molding 2,500 $ 10,000 $ 1.40 Fabrication. 1,500 $ 15,000 $ 2.20 Total. 4,000 $ 25,000 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine- hours as the allocation base in both departments and Job P included 20 units and Job Q included 30 units. For questions 10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 5. If Job P included 20 units, what was its unit product cost? (Do not round intermediate calculations.)
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