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how do I calculate the manufacturing overhead applied for the molding department to Job P and Job Q? Sweeten Company had no jobs in progress
how do I calculate the manufacturing overhead applied for the molding department to Job P and Job Q?
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 Q (all data and questions relate to the month of March): Estinated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication 2,500 1,500 $14,000 $17.400 $ 3.00 $ 3.80 Total 4,000 $31,400 Job $29,000 $33,00 Job O $16,000 $13,900 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,300 2.200 5,500 2,400 2,500 4,900 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 Step by Step Solution
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