Question

Required information The Foundational 15 (LO2-1, LO2-2, LO2-3, LO2-4) The following information 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 2.500 Molding Fabrication Total 1,500 4,000 11.000 15.600 $26,600 $12,00 $ 15,60 $25,600 $17,000 $10,000 Job $17.000 $24,200 Job O $10.000 $ 9, 100 Direct materiais Direct labor cost Actual machine-hours used Molding Fabrication Total 2,100 1,200 1.000 1.300 3,1062,500 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 predetermined overhead rates with machine-hours as the allocation base in both departments Foundational 2-4 4. If Job P included 20 units, what was its unit product cost? (Do not round Intermediate calculations. Round your final answer to nearest whole dollar.) Unit product cost

Answer 1

Answer : $3416 Per unit

Molding Fabrication Plant Wide Predetermined Overhead Rate 11000 + 2500 * 15600 + 1500 * 1.8 2.6 15500 19500 35000 8.75 2) 27125 21875 3) Answer Overhead Rate 35000 4000 Overhead Applied to Job P, Job Q Job P 8.75 * 3100 Answers Job Q 8.75 * 2500 Total Manufacturing cost for Job P Direct Material 17000 Direct Labor Cost 24200 Manufacturing Overheads 27125 Total Manufacturing cost for Job P 68325 Answers If Job P Includes 20 Units Unit Product Cost Answer Unit cost 68325 / 20 4) 3416