Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estinated variable manufacturing overbead per nachine-hou Job Direct materials 1 Direct labor coat 13,520 21,840 Job
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estinated variable manufacturing overbead per nachine-hou Job Direct materials 1 Direct labor coat 13,520 21,840 Job 0 $8,320 7,000 Actual machine-hours useds Holding 1,780 830 Soces Fabrication Total 620 2,400 930 1,760 Molding Fabrication Total 2,400 1,560 4,160 $10.400 15,600 26,000 $1,40 3.2.20 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 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 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation i base. 1. What were the company's predetermined overhead rates in the Molding Department and the Fabrication Department? (Round your answers to 2 decimal places.) Molding Department Fabrication Department Predetermined Overhead Rate per MH per MH Check my work
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started