Question: Check my work Check My Work button is now enabled Item2 Item 2 Part 2 of 3 20 points Item Skipped Required information [The following
Check my work
Check My Work button is now enabled
Item2
Item 2 Part 2 of 3 20 points Item Skipped
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 departmentsMolding and Fabrication. It started, completed, and sold only two jobs during MarchJob 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):
MoldingFabricationTotalEstimated total machine-hours used2,5001,5004,000Estimated total fixed manufacturing overhead$14,500$17,700$32,200Estimated variable manufacturing overhead per machine-hour$3.20$4.00
Job PJob QDirect materials$31,000$17,000Direct labor cost$35,400$14,700Actual machine-hours used:Molding3,5002,600Fabrication2,4002,700Total5,9005,300
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.
Required:
For questions 1-9, assume that Sweeten Company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments and Job P included 20 units and Job Q included 30 units. For questions 10-15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base.
2. How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q?(Do not round intermediate calculations.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
