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Required information [The following information applies to the questions displayed below.] Sweeten Company had no jobs in progress at the beginning of March and
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 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Fabrication 2,100 Molding 3,500 $ 14,000 $ 1.40 $ 21,000 $ 2.20 Total 5,600 $ 35,000 Direct materials Job P $ 18,200 Direct labor cost $ 29,400 Job Q $ 11,200. $ 10,500 Actual machine-hours used: Molding 2,360 1,120 Fabrication Total 840 3,200 1,280 2,400 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 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 Q included 30 units. For questions 10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 9. What was Sweeten Company's cost of goods sold for March? (Do not round intermediate calculations.) Cost of goods sold
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