Question

[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. It started only two jobs during March-Job P and Job Q. Job P was completed and sold by the end of the March and Job Q was incomplete at the end of the March. The company uses a plantwide predetermined overhead rate based on direct labor-hours. 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 fixed manufacturing overhead Estimated variable manufacturing overhead per direct labor-hour Estimated total direct labor-hours to be worked Total actual manufacturing overhead costs incurred 12,400 1.00 3,100 15,500 $ Direct materials Direct labor cost Actual direct labor-hours worked Job P Job Q $ 16,000 $ 9,100 $ 35,200 $ 8,800 2,200 550 value: 16.66 points 4-a. If Job P includes 25 units, what is its unit product cost? Unit product cost 4-b. What is the total amount of manufacturing cost assigned to Job Q as of the end of March (including applied overhead)? Total manufacturing cost

Answer 1

12400 Estimated Total Fixed Manufactruing Overhead Estimated Varaible MOH per Direct Labor Hour Estimated Total Direct Labor Hours worked Total Actula Manufacturing Overhead Job P 3100 15500 Job Q. 16000 9100 35200 8800 2200 Direct Material Direct Labor Cost Actula Direct Labor Hours Worked 550 1) Predetermined overhead rate Variable Overhead Rate ADD: Fixed overhead Rate = (12400/3100) Predetermined overhead rate Answer 5.00 Per DLH

16000 35200 11000 62200 Unit Cost of the JOB P is Units Direct Material Direct Labor Cost MOH (5*2200) Total Manufacturing Cost Unit Cost =62200/25 Total Manufacturing cost for JOB Q Direct Material Direct Labor Cost MOH (5*550) Total Manufacturing Cost 2488 9100 8800 2750 20650