1 answer

Help me please. Required information The Foundational 15 (LO2-1, LO2-2, LO2-3, LO2-4) (The following information applies...

Question:

Required information The Foundational 15 (LO2-1, LO2-2, LO2-3, LO2-4) (The following information applies to the questions dis

Foundational 2-6 6. If Job Q included 30 units, what was its unit product cost? (Do not round intermediate calculations. Roun

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 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 4,000 $10,000 $15,000 $25,000 $ 1.40 $ 2.20 Job P $13,000 $21,000 Job Q $8,000 $7,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 800 1,700 600 2,300 900 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 allocation base. For questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments.
Foundational 2-6 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.) Unit product cost

Answers

Total Estimated Variable manufacturing overhead
             = ( 2,500 x $ 1.40 ) + ( 1,500 x $ 2.20 )
             =   $ 3,500 + $ 3,300
             =   $ 6,800
Plant wide Predetermined Overhead rate
   =   Est. Manf. overhead / Est. Total machine hours
   =     ( $ 25,000 + $ 6,800 ) / 4,000 MH
   =     $ 31,800 / 4,000
   =   $ 7.95
Particulars Job Q
Direct Materials $ 8,000
Direct Labor cost $ 7,500
Applied Manufacturing overhead $ 13,515
( 1,700 x $ 7.95 )
Total Manufacturing cost $ 29,015
/ Total units 30 Units
Unit Product Cost
( $ 29,015 / 30 Units )
$ 967
.

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