LUU ursprayed below) Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during March-Job P and Job Q. Job P was completed and sold by the end of March and Job Q was incomplete at the end of March. The company uses a plantwide predetermined overhead rate based on direct labour hours. 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 fixed manufacturing overhead Estimated variable manufacturing overhead per direct labour hour Estimated total direct labour-hours to be worked Total actual manufacturing overhead costs incurred $ 15,200 $ 1.70 3,000 $ 22,000 Direct materials Direct labour Actual direct labour hours worked Job P 5 15,500 49,30 2.900 Job 5 9,800 $ 13,600 800 10. Prepare a completed Work in Process T-account including the beginning and ending balances and a debts and credits posted to the account. (Do not leave any empty spaces: input a wherever it is required.) Work in Process Beg bal End bal 11. Prepare a schedule of cost of goods sold (Do not leave any empty spaces; input a 0 wherever it is required) Schedule of Cost of Goods Sold 0 Unadjusted cost of goods sold $ 12. Prepare the journal entry to transfer costs from Finished Goods to Cost of Goods Sold. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record entry to transfer costs from Finished Goods to cost of Goods Sold. Note: Enter debits before credits Debit Transaction General Journal Credit no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during March-Job P and Job Q. Job P was completed and sold by the end of March and Job Q was incomplete at the end of March. The company uses a plantwide predetermined overhead rate based on direct labour-hours. 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 fixed manufacturing overhead Estimated variable manufacturing overhead per direct labour-hour Estimated total direct labour-hours to be worked Total actual manufacturing overhead costs incurred $ 15,200 $ 1.70 3,800 $ 22,000 Direct materials Direct labour Actual direct labour-hours worked Job P $ 15,500 $ 49,300 2.900 Job 5 9,800 $ 13,600 300 13. What is the amount of underapplied or overapplied overnead? overhead 14. Prepare the journal entry to close the amount of underapplied or overapplied overhead to the appropriate account (If no entry in required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet > Record entry to close the amount of underapplied or overapplied overhead to Cost of Goods Sold Note: Enter debits before credits Debit Credit General Journal Transaction 1 Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two Jobs during March --Job P and Job Q. Job P was completed and sold by the end of March and Job Q was incomplete at the end of March. The company uses a plantwide predetermined overhead rate based on direct labour-hours. 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): $ 15,200 $ 1.70 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labour-hour Estimated total direct labour-hours to be worked Total actual manufacturing overhead costs incurred $ 22,000 Jobg Direct materials Direct Tabour Actual direct labour-hours worked Job P 515,500 349,300 2.900 5 9,800 $ 13,600 800 Required: 1 What is the company's predetermined overhead rate? (Round your answer to 2 decimal placet.) $570 per DLH Predetermined overhead rate Nox VULL WIL HUIUIORITY. Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labour-hour Estimated total direct labour-hours to be worked Total actual manufacturing overhead costs incurred $ 15,200 $ 1.me 3,800 $ 22,00 Direct materials Direct labour Actual direct labour-hours worked Job P $ 15,500 $ 49,300 2,900 Job $ 9,800 $ 13,600 300 2 How much manufacturing overhead was applied to Job P and Job Q? (Round your intermediate calculations to 2 decime Job P Job $ 16 530 5 4560 Manufacturing overhead applied IULL WITVI I Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labour-hour Estimated total direct labour-hours to be worked Total actual manufacturing overhead costs incurred $ 15,200 $ 1.70 3,800 $ 22,000 Direct materials Direct labour Actual direct labour-hours worked Job P $ 15,500 $ 49,300 2,900 Job 0 5 9,800 $ 13,500 300 3. What is the direct labour hourly wage rate? Job P Job 5 177 17 Direct labour hourly wage rate Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labour-hour Estimated total direct labour-hours to be worked Total actual manufacturing overhead costs incurred $ 15,200 $ 1.70 3,800 $ 22,000 Job Direct materials Direct labour Actual direct labour-hours worked Job P $ 15,500 $ 49,300 2,900 $ 9,800 $ 13,600 800 4-a. If Job Pincludes 30 units, what is its unit product cost? Unit product cost $ 2.711 4-5. What is the total amount of manufacturing cost assigned to Job Q as of the end of March (including applied ove Total manufacturing cost Next 5. Assume the ending raw materials inventory is $2.800 and the company does not use any indirect materials. Prepare the journal entries to record raw materials purchases and the issuance of direct materials for use in production (if no entry is required for a transaction/event, select "No journal entry required" in the first account field) View transactions View Journal entry worksheet No Transaction 1 Raw materials Accounts payable General Journal Debit Credit 28. 100 28. 100 25.300 2 Work in process Raw materials 25300 Direct labour Actual direct labour hours worked 5 15,500 $ 49,300 2,900 $ 9,800 $ 13,600 100 6. Assume that the company does not use any indirect labour. Prepare the journal entry to record the direct labour costs added to production (If no entry is required for a transaction/event, select "No journal entry required in the first account field) View transaction list View journal entry worksheet No Transaction General Journal Credit Debat 62.900 Work in process Wages payable 7. Prepare the journal entry to apply manufacturing overhead costs to production (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction tist View journal entry worksheet Credit General Journal Transaction No 1 Debit 21.090 1 Work in process 21090 Manufacturing overhead Saved 8. Assume the ending raw materials inventory is $2.800 and the company does not use any indirect materials. Prepare a cost of goods manufactured. (Do not leave any empty spaces: input a O wherever it is required.) Schedule of Cost of Goods Manufactured Direct materials Raw materials inventory beginning $ Add Purchases of raw materials Total raw materials available Less Raw materials inventory ending Raw materials used in production Direct labour Manufacturing overhead applied to work in process inventory Total manufacturing costs Add Beginning work in process inventory 0 28 100 28.100 2.800 S 25300 59.900 21090 106.290 105.290 27 990 78330 5 Loss Ending work in process inventory Cost of goods manufactured Estimated variable manufacturing overhead per direct labour hour Estimated total direct labour-hours to be worked Total actual manufacturing overhead costs incurred $ 1.70 3.800 $ 22,000 Direct materials Direct labour Actual direct labour-hours worked Jobp $ 15,500 $ 49,300 2,900 Job $ 9.800 $ 13,600 300 d 9. Prepare the journal entry to transfer costs from Work in Process to Finished Goods (I no entry is required for a transactioneve select "No journal ontry required in the first account field.) View transaction ist Valenty work General Journal Deba Credit No 1 Transaction 1 No Transaction Recorded