PLEASE SHOW WORK!!
QUESTIONS:
1. What was the company’s plantwide predetermined overhead rate? (Round your answer to 2 decimal places.)
2. How much manufacturing overhead was applied to Job P and how much was applied to Job Q? (Do not round intermediate calculations.)
3. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.)
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.)
5. What was the total manufacturing cost assigned to Job Q? (Do not round intermediate calculations.)
6. If Job Q included 30 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)
7. Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. What selling price would the company have established for Jobs P and Q? What are the selling prices for both jobs when stated on a per unit basis assuming 20 units were produced for Job P and 30 units were produced for Job Q? (Do not round intermediate calculations. Round your final answers to nearest whole dollar.)
8. What was Sweeten Company’s cost of goods sold for March? (Do not round intermediate calculations.)
9. What were the company’s predetermined overhead rates in the Molding Department and the Fabrication Department? (Round your answers to 2 decimal places.)
10. How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q? (Do not round intermediate calculations.)
11. How much manufacturing overhead was applied from the Fabrication Department to Job P and how much was applied to Job Q? (Do not round intermediate calculations.)
12. If Job P included 20 units, what was its unit product cost? (Do not round intermediate calculations.)
13. If Job Q included 30 units, what was its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)
14. Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. What selling price would the company have established for Jobs P and Q? What are the selling prices for both jobs when stated on a per unit basis assuming 20 units were produced for Job P and 30 units were produced for Job Q? (Do not round intermediate calculations.)
15. What was Sweeten Company’s cost of goods sold for March? (Do not round intermediate calculations.)
1) Plantwide overhead rate = (2500*1.4+1500*2.2+25000)/4000 = 7.95 per hour
2) Manufacturing overhead applied to Job P = 2300*7.95 = 18285
Manufacturing overhead applied to Job Q = 1700*7.95 = 13515
3) Total manufacturing cost to Job P
Direct material | 13000 |
Direct labor | 21000 |
Overhead | 18285 |
Total manufacturing cost | 52285 |
4) Unit product cost = 52285/20 = 2614
Note: Please post whole question in the group of 4-4 sub parts as per HOMEWORKLIB RULES
PLEASE SHOW WORK!! QUESTIONS: 1. What was the company’s plantwide predetermined overhead rate? (Round your answer...
1. What was the company’s plantwide predetermined overhead rate?
(Round your answer to 2 decimal places.)
2. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q? (Do not round intermediate
calculations.)
3. What was the total manufacturing cost assigned to Job P?
(Do not round intermediate calculations.)
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...
1. What was the company’s plantwide predetermined overhead rate?
(Round your answer to 2 decimal places.)
2. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q? (Do not round intermediate
calculations.)
3. What was the total manufacturing cost assigned to Job P?
(Do not round intermediate calculations.)
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...
1. What was the company’s plantwide predetermined overhead rate?
(Round your answer to 2 decimal places.)
2. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q? (Do not round intermediate
calculations.)
3. What was the total manufacturing cost assigned to Job P?
(Do not round intermediate calculations.)
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...
1. What was the company’s plantwide predetermined overhead
rate?
1a. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q? (Do not round intermediate
calculations.)
b. What was the total manufacturing cost assigned to Job P?
(Do not round intermediate calculations.)
2a. 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.)
2b. What was the total manufacturing...
1.What were the company’s predetermined overhead rates in the
Molding Department and the Fabrication Department? (Round
your answers to 2 decimal places.)
2.How much manufacturing overhead was applied
from the Molding Department to Job P and how much was applied to
Job Q? (Do not round intermediate
calculations.)
3. How much manufacturing overhead was applied from the
Fabrication Department to Job P and how much was applied to Job Q?
(Do not round intermediate calculations.)
4. What was the total...
Questions:
1. What was the company’s plantwide predetermined overhead
rate?
2. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q?
3. What was the total manufacturing cost assigned to Job P?
4. If Job P included 20 units, what was its unit product
cost?
5. What was the total manufacturing cost assigned to Job Q?
6. If Job Q included 30 units, what was its unit product
cost?
7. Assume that Sweeten...
1. What were the company’s predetermined overhead rates in the
Molding Department and the Fabrication Department? (Round
your answers to 2 decimal places.)
2. How much manufacturing overhead was applied from the Molding
Department to Job P and how much was applied to Job Q? (Do
not round intermediate calculations.)
3. How much manufacturing overhead was applied from the
Fabrication Department to Job P and how much was applied to Job Q?
(Do not round intermediate calculations.)
4. What was...
9. What were the company’s predetermined
overhead rates in the Molding Department and the Fabrication
Department? (Round your answers to 2 decimal
places.)
10. How much manufacturing overhead was applied from the Molding
Department to Job P and how much was applied to Job Q? (Do
not round intermediate calculations.)
11. How much manufacturing overhead was applied from the
Fabrication Department to Job P and how much was applied to Job Q?
(Do not round intermediate calculations.)
12. If Job...
1. what was the companys plantwide predetermined overhead
rate?
2.How much manufacturing overhead was applied to Job P and how
much was applied to Job Q?
3.What was the total manufacturing cost assigned to Job
P?
4.If Job P included 20 units, what was its unit product
cost?
5.What was the total manufacturing cost assigned to Job
Q?
6. If Job Q included 30 units, what was its unit product
cost?
7.
8. what was Sweeten Companys cost of goods...