Question: PLEASE HELP 1. 2. 3. 4. 5. 6. 7. 8. Required information The following information applies to the questions displayed below] Sweeten Company had no

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Required information The following information applies to the questions displayed below] Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started. completed, and sold only two jobs during the year-Job P and Job Q. The company uses a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, it estimated that 4,000 machine-hours would be required for the period's estimated level of production Sweeten also estimated $33,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.70 per machine hour. Because Sweeten has two manufacturing departments-Molding and Fabricationit is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine hours. The company gathered the following additional information to enable calculating departmental overhead rates: Molding 2,500 $ 15,000 $ 3.40 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Fabrication 1,500 $ 18,000 $ 4.20 Total 4,000 $ 33,000 The direct materials cost, direct labor cost, and machine hours used for Jobs P and Q are as follows: Job P $ 33,000 $ 37,000 Job $ 18,000 $ 15,500 Direct saterials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,700 2,600 6,300 2,800 2,900 5,700 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year 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 predetermined departmental overhead rates with machine hours as the allocation base in both departments 1. What is the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.) per MH Predetermined overhead rate RI [The following information applies to the questions displayed below) Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, it estimated that 4,000 machine-hours would be required for the period's estimated level of production Sweeten also estimated $33,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $370 per machine-hour. Because Sweeten has two manufacturing departments-Molding and Fabrication-It is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine hours. The company gathered the following additional information to enable calculating departmental overhead rates. Molding Fabrication Total Estimated total machine-hours used 2,500 1,500 4.000 Estimated total fixed manufacturing overhead $ 15,000 $ 18,000 $ 33,000 Estimated variable manufacturing overhead per machine-hour $ 3.40 $.4.20 The direct materials cost, direct labor cost, and machine hours used for Jobs P and Q are as follows: Job P $ 33,000 $ 37,000 Job $ 18,000 15,500 Direct materials Direct labor cost Actual machine-hours used Molding Fabrication Total 3,700 2.600 6,300 2,800 2,900 5,700 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year. 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 predetermined departmental overhead rates with machine-hours as the allocation base in both departments, 2 How much manufacturing overhead was applied to Job P and how much was applied to Job Q? (Do not round intermediate calculations.) Job P Job Q Manufacturing overhead applied Required information The following information applies to the questions displayed below) Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started completed, and sold only two jobs during the year-Job P and Job Q. The company uses a plantwide predetermined overhead rate based on machine hours. At the beginning of the year, it estimated that 4,000 machine-hours would be required for the period's estimated level of production Sweeten also estimated $33,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $370 per machine hour. Because Sweeten has two manufacturing departments --Molding and Fabrication -- it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following additional information to enable calculating departmental overhead rates Molding Fabrication Total Estimated total machine hours used 2,500 1,500 4,000 Estimated total fixed manufacturing overhead $ 15,000 $ 18,000 $ 33,000 Estimated variable manufacturing overhead per machine-hour $ 3.40 $ 4.20 The direct materials cost, direct labor cost and machine hours used for Jobs P and Q are as follows: Job P Job Direct materials $ 33,000 $ 18,000 Direct labor cost $ 37,000 $15,500 Actual machine hours used: Holding 3,700 2,800 Fabrication 2,600 2900 Total 6300 5,700 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine hours as the allocation base. For questions, 915, assume that the company uses predetermined departmental overhead rates with machine hours as the allocation base in both departments, 3. What is the total manufacturing cost assigned to Job P? (Do not round intermediate calculations, Round your final answer to nearest whole dollar) Total manufacturing con Required information The following information applies to the questions displayed below! Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, it estimated that 4.000 machine hours would be required for the period's estimated level of production Sweeten also estimated $33,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.70 per machine-hour Because Sweeten has two manufacturing departments--Molding and Fabrication-it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine hours. The company gathered the following additional information to enable calculating departmental overhead rates Molding 2,500 $ 15,000 $ 3.40 Estimated total nachine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Fabrication 1,500 $ 18,000 5.4.20 Total 4,000 $ 33,000 The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows: Job P 5.33,000 $ 37,080 Job o $ 18,000 $ 15,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,700 2,600 6.100 2,800 2.900 5.200 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year Required: For questions 18, 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 predetermined departmental overhead rates with machine hours as the allocation base in both departments 4. Job Pincludes 20 units, what is its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) Unil product cont Required information [The following information applies to the questions displayed below.) Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started. completed and sold only two jobs during the year-Job P and Job Q. The company uses a plantwide predetermined overhead rate based on machine hours. At the beginning of the year, it estimated that 4.000 machine hours would be required for the period's estimated level of production. Sweeten also estimated $33,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $370 per machine-hour. Because Sweeten has two manufacturing departments-Molding and Fabricationit is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following additional information to enable calculating departmental overhead rates Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding 2, see $ 15,800 $ 3.40 Fabrication 1,500 $ 18,000 $ 4.2e Total 4,000 $ 33,000 The direct materials cost direct labor cost, and machine-hours used for Jobs P and Q are as follows: Job P $ 33,000 $ 37,000 Job O $ 18,000 $ 15,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,700 2,600 6,300 2,800 2,900 5,700 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year. 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 predetermined departmental overhead rates with machine-hours as the allocation base in both departments 5. What is the total manufacturing cost assigned to Job Q? (Do not round intermediate calculations.) Total manufacturing cost Required information The following information applies to the questions displayed below) Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a plantwide predetermined overhead rate based on machine hours. At the beginning of the year, it estimated that 4,000 machine-hours would be required for the period's estimated level of production Sweeten also estimated $33,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.70 per machine hour. Because Sweeten has two manufacturing departments-Molding and Fabrication-It is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following additional information to enable calculating departmental overhead rates Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine hour Holding 2,500 $ 15,000 $ 3.40 Fabrication 1,500 $ 13,000 $ 4.20 Total 4,000 $ 33,000 The direct materials cost, direct labor cost, and machine hours used for Jobs P and Q are as follows: Jobp $33,000 $ 37,000 Job $ 18,000 $ 15,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,700 2,600 2,800 2.900 5,700 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year 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 predetermined departmental overhead rates with machine-hours as the allocation base in both departments 6. 11 Job Q includes 30 units, what is its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar) Unt product cost HU LI HY SIL required for the period's estimated level of production. Sweeten also estimated $33,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.70 per machine-hour Because Sweeten has two manufacturing departments-Molding and Fabrication -- it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following additional information to enable calculating departmental overhead rates: Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Holding 2,500 $ 15,000 $ 3.40 Fabrication 1,500 $ 18,900 $ 4.20 Total 4,000 $ 33,000 The direct materials cost, direct labor cost, and machine hours used for Jobs P and Q are as follows: Job P $ 33,000 $ 37,000 Job $ 18,000 $ 15,500 Direct materials Direct labor cost Actual nachine-hours used: Molding Fabrication Total 3,700 2,600 6,300 2,800 2,900 5700 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year. 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 predetermined departmental overhead rates with machine-hours as the allocation base in both departments. 7. Assume that Sweeten Company uses cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. If job Pincludes 20 units and Job Q includes 30 units, what selling price would the company establish for Jobs P and Q? What are the selling prices for both jobs when stated on a per unit basis? (Do not round intermediate calculation Round your final answers to nearest whole dollar.) Job P Job Total price for the job Selling price per unit LIIVIH MAHUKUMU YOLU ULU Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories, It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, it estimated that 4,000 machine hours would be required for the period's estimated level of production Sweeten also estimated $33,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.70 per machine-hour. Because Sweeten has two manufacturing departments-Molding and Fabrication-It is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following additional information to enable calculating departmental overhead rates: Holding 2,500 $ 15,000 $ 3.40 Estimated total machine-hours used Estimated total fixed nanufacturing overhead Estimated variable manufacturing overhead per machine-hour Fabrication 1,500 $ 18,000 5.4.20 Total 4,000 $ 33,000 The direct materials cost direct labor cost and machine hours used for Jobs P and Q are as follows Job P Sobe Direct materials $ 33,000 $ 18,000 Direct labor cost $ 37,000 $ 15,500 Actual machine-hours used: Molding 3.700 2,800 Fabrication 2,600 2.900 Total 6.300 56700 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine hours as the allocation base For questions, 945, assume that the company uses predetermined departmental overhead rates with machine hours as the allocation base in both departments 8. What is Sweeten Company's cost of goods sold for the year? (Do not round intermediate calculations.) Cont of goods sold
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