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Required information [The foiiowing information applies to the questions dispiayed i:u=.-.or-.i:_,I Sweeten Company had nojobs in progress at the beginning of March and no beginning
Required information [The foiiowing information applies to the questions dispiayed i:u=.-."or-.i:_,I Sweeten Company had nojobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departmentsMolding and Fabrication. It started, completed. and sold only two jobs during March Job P and Job 0. The following additional infom'hation is available for the company as a whole and for Jobs P and 0 [all data and questions relate to the month of March): Holding Fabrication Total Estimated total machine-hours used 2, 500 l .- 500 4 , 000 Estimated total fixed manufacturing overhead $10' 500 $15' 300 $25, 300 Estimated variable manufacturing overhead per machine-hour 5 1 . 60 $ 2 . 40 [ Job P Job 9 Direct. materials $15,000 $9,000 Direct labor cost $22,600 $8,300 Actual machine-hours used: Molding 1,900 1,000 Fabrication B00 1.. 100 Total 2,?00 2,100 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 0 included 30 units. For questions 10-15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base
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