Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How much manufacturing overhead was applied from the molding department to job P and how mich was applied to job Q? Required Information The Foundational

How much manufacturing overhead was applied from the molding department to job P and how mich was applied to job Q?
image text in transcribed
Required Information The Foundational 15 (LO2-1, LO2-2, LO2-3, LO2-4) The following information applies to the questions displayed below.) 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 Estimated total machine-hours used Molding Fabrication total 2,500 1,500 4,000 Estimated total fixed manufacturing overhead $10,000 $15,000 $25,000 Estimated variable manufacturing overhead per machine-hour $ 1.40 5 2.20 Job P $13,000 $21,000 Job $8,000 $7,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1.700 600 809 900 1,700 2.300 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month 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 departmental predetermined overhead rates with machine-hours as the allocation base in both departments, Foundational 2-10 10. 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.) Answer is complete but not entirely correct. Job P Job Manufacturing overhead annid 7,320 $ 10,980 x

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

Payroll Accounting 2019

Authors: Bernard J. Bieg, Judith A. Toland

29th Edition

1337619779

More Books

Students also viewed these Accounting questions

Question

=+4. What do you think?

Answered: 1 week ago