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Sweeten Company had no jobs in progress at the beginning of March and no beginni

ID: 2609710 • Letter: S

Question

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 4,000 $12,250 $16,350 $28,600 2,500 1,500 $ 2.30 3.10 Job P Job Q $22,000 $12,500 $28,200 $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 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 2-3 3. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.)

Explanation / Answer

Plantwide predetermined overhead rate = $28600/4000 = $7.15

3. Total manufacturing cost assigned to Job P: $90145

Job P: Direct materials 22000 Direct labor 28200 Variable manufacturing overhead 10630 [(2600 x $2.30) + (1500 x $3.10)] Fixed manufacturing overhead 29315 (4100 x $7.15) Total manufacturing cost $ 90145