onnect.. ent 4 Saved Help Sov Required information [The following information applies to the questions displayed below] 14 Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during March-Job P and Job Q. Job P was completed and sold by the end of March and Job Q was incomplete at the end of March. The company uses a plantwide predetermined overhead rate based on direct labour-hours. 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): ok Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labour-hour Estimated total direct labour-hours to be worked Total actual manufacturing overhead costs incurred $ 16,000 $ 1.90 4,000 $ 22, 2ee int Tences Direct materials Direct labour Actual direct labour-hours worked Job P $ 22,700 $ 58,90 3,100 Job Q $ 8,500 $ 19,450 550 8. Assume the ending raw materials inventory is $3,000 and the company does not use any indirect materials. Prepare a schedule of cost of goods manufactured. (Do not leave any empty spaces; input a O wherever it is required.) Schedule of Cost of Goods Manufactured Direct materials: Total raw materials available 0 Raw materials used in production $ 0 Total manufacturing costs 10.D. 0 Cost of goods manufactured $ 9. Prepare the journal entry to transfer costs from Work in Process to Finished Goods. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record entry to transfer costs from Work in Process to Finished Goods. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal 10. Prepare a completed Work in Process T-account including the beginning and ending balances and all debits and credits posted to the account. (Do not leave any empty spaces; input a 0 wherever it is required.) Work in Process Beg bal. End, bal 11. Prepare a schedule of cost of goods sold. (Do not leave any empty spaces; input a 0 wherever it is required.) Schedule of Cost of Goods Sold 0 Unadjusted cost of goods sold $ 0 12. Prepare the journal entry to transfer costs from Finished Goods to Cost of Goods Sold. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 > Record entry to transfer costs from Finished Goods to Cost of Goods Sold. ces Note: Enter debits before credits Transaction General Journal Debit Credit 1 Record entry Clear entry View general Journal