Part 1 of 3 0.75 points 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 Pando (all data and questions relate to the month of March): Molding Fabrication Total Estimated total machine-hours used 2,500 1,500 4,000 Estimated total fixed manufacturing overhead 513,750 $17,250 531,000 Estimated variable manufacturing overhead per machine-hour $ 2.90 $ 3.70 Job P $28.000 $33,000 Job $15,500 $13,500 Direct materials Direct labor cost Actual machine-hours used Molding Fabrication Total 3,20 2,100 5.100 2,300 2.400 4.700 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 Pincluded 20 units and Job included 30 units. For questions 10-15 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.) Answer is complete but not entirely correct. Predetermined Overhead Rate Molding Department 6.50 per MH Fabrication Department 1250 per MH 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 O (all data and questions relate to the month of March): Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication 2,500 1,500 $13,750 $17,250 $ 2.90 $ 3.70 Total 4,000 $31,000 Job P $28,000 $33,000 Job $15,500 $13,500 Direct materials Direct labor cost Actual machine-hours used Molding Fabrication Total 3,200 2,100 5.300 2,300 2,400 4,700 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 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 ? (Do not round Intermediate calculations.) Manufacturing overhead applied Job P 14,400 $ Job Q 4,400 $
