Question: er 2. Foundational 15 0 Saved Help 2 af 15 The following information applies to the questions displayed below.) Sweeten Company had no jobs in
er 2. Foundational 15 0 Saved Help 2 af 15 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 fall data and questions relate to the month of March): Molding Fabrication Total Estimated total machine-hours used 2,700 1,620 4,320 Estimated total fixed manufacturing overhead $10,800 $16,280 $27,000 Estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 ok Job P $14,040 $22,689 Job O $8,640 $8,109 nces Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 860 1,850 658 2,500 960 1,820 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. 9. What was Sweeten Company's cost of goods sold for March? (Do not round intermediate calculations.) Cool of goods sold 22 >>>
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
