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D. 13,600 units. 17.) Meta information a year is:...
please show work Required information [The following information applies to the questions displayed below.) Sweeten Company...
please show work
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 Q (all data and questions relate to the month of...
Part 1 of 3 0.75 points Required information [The following information applies to the questions displayed...
Part 1 of 3 0.75 points 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 Pando (all data and questions relate to the...
! Required information [The following information applies to the questions displayed below) Sweeten Company had no...
! 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 O (all data and questions relate to the month of March):...
please elaborate on answers. thank you. Moody Corporation uses a job-order costing system with a plantwide...
please elaborate on answers. thank you.
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. A beginning of the year, the company made the following estimates: Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 100,000 $ 650,000 $ 3.00 Required: 1. Compute the plantwide predetermined overhead rate, 2. During the year, Job 400 was started and completed. The following information was available with respect to...
Required information [The following information applies to the questions displayed below.) Craft Pro Machining produces machine...
Required information [The following information applies to the questions displayed below.) Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Labor $360,000 Indirect Materials Other Overhead Production Activity Grinding Polishing Product modification Providing power System calibration $200,000 600,000 560,000 $ 260,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 19,000 machine hours 19,000 machine hours 2,000...
13. If Job Q included 30 units, what was its unit product cost? 14. Assume that...
13. If Job Q included 30 units, what was its unit product
cost?
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...
Required information [The following information applies to the questions displayed below.] Sweeten Company had no jobs...
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 Q (all data and questions relate to the month of March): Molding Fabrication Total...
4. If Job P included 20 units, what was its unit product cost? Required information (The...
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...
3. Use the following information from Mindy Co. for the current year: Direct material used Direct...
3. Use the following information from Mindy Co. for the current year: Direct material used Direct Labor Total Factory overhead Beginning goods in process Ending goods in process $ 14,000 12,500 8,800 4,300 5,200 Mindy Co.'s cost of goods manufactured for the current year is: $ Show Working 4. Case Company allocates $5.00 overhead to each unit produced. The company uses a plantwide overhead rate with machine hours as the allocation base. Given the amounts below, how many machine hours...
Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Next...
Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Next year, 600,000 units are expected to be produced taking .75 machine hours each. How much overhead will be assigned to each unit produced given the following estimated amounts? Estimated: Department 1 Department 2 Manufacturing overhead costs $3,107,500 $1,520,000 Direct labor hours 150,000 DLH 250,000 DLH Machine hours 250,000 MH 175,000 MH $11.57 per unit $8.17 per unit $5.61 per unit $12.43 per unit $10.89...
please show work
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 Q (all data and questions relate to the month of...
Part 1 of 3 0.75 points 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 Pando (all data and questions relate to the...
! 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 O (all data and questions relate to the month of March):...
please elaborate on answers. thank you.
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. A beginning of the year, the company made the following estimates: Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 100,000 $ 650,000 $ 3.00 Required: 1. Compute the plantwide predetermined overhead rate, 2. During the year, Job 400 was started and completed. The following information was available with respect to...
Required information [The following information applies to the questions displayed below.) Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Labor $360,000 Indirect Materials Other Overhead Production Activity Grinding Polishing Product modification Providing power System calibration $200,000 600,000 560,000 $ 260,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 19,000 machine hours 19,000 machine hours 2,000...
13. If Job Q included 30 units, what was its unit product
cost?
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...
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...
3. Use the following information from Mindy Co. for the current year: Direct material used Direct Labor Total Factory overhead Beginning goods in process Ending goods in process $ 14,000 12,500 8,800 4,300 5,200 Mindy Co.'s cost of goods manufactured for the current year is: $ Show Working 4. Case Company allocates $5.00 overhead to each unit produced. The company uses a plantwide overhead rate with machine hours as the allocation base. Given the amounts below, how many machine hours...
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