Molding | Fabrication | Total | |
Estimated total machine hours used | 2500 | 1500 | 4000 |
(*) Estimated variable manufacturing overhead per machine hour | 1.40 | 2.20 | |
Estimated total variable manufacturing overhead | 3500 | 3300 | 6800 |
Estimated total fixed manufacturing overhead | 10000 | 15000 | 25000 |
Estimated total manufacturing overhead | 13500 | 18300 | 31800 |
Plantwide predetermined overhead rate = Estimated total manufacturing overhead / Estimated total machine hours used = 31800 / 4000 = | 7.95 | per MH |
Required 2 : | ||
Job P | Job Q | |
Total actual machine hours used | 2300 | 1700 |
Plantwide predetermined overhead rate | 7.95 | 7.95 |
Manufacturing overhead applied | 18285 | 13515 |
For P i did (2,300)x(6.95)= 15,985 For q i did (1,700)x(6.95)= 11,815 and apparently its wrong,...
I did (21,000+(2,500x1.40+1500x2.20))/4000 and i got $6.95 per
MH, but apparently its wrong. Someone plese help.
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,080 $10,000 $15,000 $25,000 $ 1.40 $ 2.20 Job P $13,000 $21,000 Job $8,000 $7,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,700 600 2,300 800 900 1,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour 2,500 $10,000 $ 1.40 1,500 $15,000 $ 2.20 4,000 $25,000 Job P $13,000 $21,080 Job $8,000 $7,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,700 600 2,380 800 900 1,700 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...
2. How much
manufacturing overhead was applied to Job P and how much was
applied to Job Q?
Required information (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...
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...
4. If Job P included 20 units,
what was its unit product cost?
Required information (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...
The Foundational 15 [LO2-1, LO2-2, LO2-3. L02-4) 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 wo manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March- Bob P and Job Q. The following additional information is available for the company as a whole and for Jobs P and Q (all Bata and questions relate to the...
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...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,250 $16.950 $30,200 $ 2.70 $ 3.5e 15 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total Job P Job o $26,200 $14,500 $31,400 $12,700 3, eee 2,100 1,900 2,200 4,300 4,900 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...
help me please
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...
! 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...