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. 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 Molding Fabrication Total 2,500 1,500 4,080 $12,250 $16,350 $28,600 $ 2.30 $ 3.10 Job P $22,000 $28,200 Job $12,500 $11,100 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 2,600 1,500 4,100 1,700 1,800 3,500 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month

Answer 1

Solution - Joob Q Included 30 units The unit Product cost is as Follows

Direct materials	$12,500
Direct labor	$11,100
Manufacturing overhead applied:
**Molding Department (1700*7.20)	$12,240
***Fabrication Department (1800*14.00)	$25,200
Total manufacturing cost (a)	$61,040
Number of units in the job (b)	30
Unit product cost (a) ÷ (b)	$2035

**Molding department overhead rate = ($12,250+(2500*2.30))/2500=7.20

***Fabrication overhead rate = ($16,350+(1500*3.10))/1500 = 14.00