Question

PLEASE ANSWER THE TWO QUESTIONS BELEOW

12) If Job P included 20 units, what was its unit product cost? *do not rpund intermediate calculations

13) if job Q included 30 units, what was its unit product cost? * do not round intermediate calculations

Red 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 Estimated variable manufacturing overhead over Molding Fabrication Total 2,5ee 1,500 4,000 $14,750 $17,850 $32,600 $ 3.32 $ 4.10 Job P $32,000 $36,200 $17,500 $15, 120 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,609 2,589 6,188 2,700 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 uses a plantwide predetermined overhead rate with machine-hours the allocation base. For questions 9-15, assume that the company uses departmental predetermined overhead rates machine-hours as the allocation base in both departments Foundational 2-12 12. If Job P included 20 units, what was its unit product cost? (Do not round intermediate calculations.)

Answer 1

Molding overhead rate = (14750/2500+3.30) = 9.20 per Hour

Fabrication overhead rate = (17850/1500+4.10) = 16 per hour

12) Unit product cost

	Job P
Direct material	32000
Direct labor	36200
Molding overhead (3600*9.20)	33120
Fabrication overhead (2500*16)	40000
Total product cost	141320
Unit	20
Unit product cost	7066

13) Unit product cost

	Job Q
Direct material	17500
Direct labor	15100
Molding overhead (2700*9.20)	24840
Fabrication overhead (2800*16)	44800
Total product cost	102240
Unit	30
Unit product cost	3408