Question

! 6 Required information [The following information applies to the questions displayed below.) Part 6 of 15 0/1 points awarded 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): Scored eBook Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Print Job P $13,000 $21,000 Job Q $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

Answer 1

Predetermined overhead rate = Estimated total overhead / Estimated machine hours = (2500*$1.40 + 1500*$2.20 + $25,000) / 4000 hours = $7.95 per machine hour

Computation of manufacturing cost assigned to Job Q
Particulars	Job Q
Direct Material	$8,000
Direct Labor	$7500
Manufacturing overhead (1700 hours X $7.95)	$13,515
Total Manufacturing cost	$29015

Unit product cost =Total manufacturing cost / No.of units =$29015 / 30 units

= $967(Answer)