Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding 4,100 $16,400 $ Fabrication 2,460 $24,600 $ 2.20 Total

image text in transcribedimage text in transcribed

Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding 4,100 $16,400 $ Fabrication 2,460 $24,600 $ 2.20 Total 6,560 $41,000 1.40 Job F $21,320 $34,440 Job $13, 120 $12,300 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 2,820 980 3,800 1,310 1,450 2,760 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 as the allocation base in both departments and Job P included 20 units and Job Q included 30 units. For questions 10-15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 2. How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q? (Do not round intermediate calculations.) Job P Job Q Manufacturing overhead applied Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding 4,100 $16,400 $ 1.40 Fabrication 2,460 $ 24,600 $ 2.20 Total 6,560 $41,000 Job P $21,320 $34,440 Job $13, 120 $12,300 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 2,820 980 3,800 1,310 1,450 2,760 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 as the allocation base in both departments and Job P included 20 units and Job Q included 30 units. For questions 10-15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 3. How much manufacturing overhead was applied from the Fabrication Department to Job P and how much was applied to Job Q? (Do not round intermediate calculations.) Job P Job Q Manufacturing overhead applied

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Frank Woods Business Accounting Volume 2

Authors: Frank Wood, Alan Sangster

14th Edition

1292209178, 9781292209173

More Books

Students also viewed these Accounting questions

Question

What is your least favorite U.S. dialect? Why?

Answered: 1 week ago