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15 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.
15 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 O (all data and questions relate to the month of March Molding Tablication Total Estated total machine-hours used 3,600 2,160 Estimated total fixed manufacturing overhead $14.400 $21,600 $36.000 Estimated variable manufacturing overhead per machine-hour $ 2.20 5,760 $ 1.40 Direct materials Direct labor cost Actual machine-hours used: Molding Tabrication Total Jobp $18,720 $30,240 Job $11,520 $10,000 2.440 850 1.150 1.310 2.40 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 os the allocation base in both departments and Job P included 20 units and Job included 30 units. For questions 10-15 assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base 15. What was Sweeten Company's cost of goods sold for March? (Do not round Intermediate calculations.)
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