Question: Hi! this answer is from chegg and I need a reference how you find the answer for this one. I highlited it with red. Information:


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): 10. What was the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.) \begin{tabular}{l|cc} Estimated total fixed manufacturing overhead & $ & 35,000 \\ \hline Variable overhead (Molding) & & 4,900 \\ \hline Variable overhead (Fabrication) & & 4,620 \\ \hline Total Overhead cost & $ & 44,520 \\ Total Machine-hours used & $ & 5,600 \\ \hline Predetermined overhead rate & $.95 \\ \hline \hline \end{tabular}
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