Mentorship 2022-Dealing Range Expla Mark Dougies MIND OVER MARKET (F The OTC Trader Peray Matx Educat Required information [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 i Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding 4,400 $ 17,600 Fabrication Total 2,648 $ 26,400 7,040 $ 44,000 $ 1.40 $ 2.20 Job P $ 22,880 Job Q $14,088 $ 36,960 $ 13,200 Actual machine-hours used: Molding 3,040 1,410 Fabrication 1,060 1,538 Total 4,100 2,940 Direct materials Direct labor cost Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 7, 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 8 to 12, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation 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