5.10, 11, 12 , 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 Page 171 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): $10,000 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labour-hour $ 1.00 2,000 Estimated total direct labour-hours to be worked Total actual manufacturing overhend costs incurred $12,500 Job P Job Q Direct materials $13,000 $8,000 Direct labour $21,000 $7,500 Actual direct labour-hours worked 1.400 500 5-10 Prepare a completed Work in Process T-account including the beginning and ending balances and all debits and credits posted to the account. 5-11 Prepare a schedule of cost of goods sold. (Stop after computing the unadjusted cost of goods sold.) 5-12 Prepare the journal entry to transfer costs from Finished Goods to Cost of Goods Sold. 5-13 What is the amount of underapplied or overapplied overhead? 5-14 Prepare the journal entry to close the amount of anderapplied or overapplied overhead to the appropriate account