es Required information [The following information applies to the questions displayed below.] Sweeten Company had no jobs in progress at the beginning of the completed, and sold only two jobs during the yearJob P and Job Q. The company uses a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, it estimated that 4,000 machine-hours would be required for the period's estimated level of production. Sweeten also estimated $32,600 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.60 per machine-hour. year and no beginning inventories. [t started, Because Sweeten has two manufacturing departmentsMolding and Fabricationit is considerin overhead rate with departmental rates that would also be based on machine-hours. The com, additional information to enable calculating departmental overhead rates: g replacing its plantwide pany gathered the following Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour $ 3.30 $ 17,850 $ 4,10 The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows: ot Q Direct materials $ 32,000 $ 17,500 Direct labor cost $ 36,200 $ 15,100 Actual machine-hours used: Molding 3,600 2,700 Fabrication 2,560 2,800 I3 Total 6,100 5,500 _ Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. 8. What is Sweeten Company's cost of goods sold for the year? Note: Do not round intermediate calculations. B