Required information (The following information applies to the questions displayed below) Sweeten Company had no jobs...
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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 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): Estinated total machine-hours used Estimated total fixed manufacturing overhead Eatinated variable manufacturing overhead per machine-hour Holding 3,700 $10,800 $ 1.40 Fabrication 1,620 $16,200 $ 2.20 Total 4,320 $27,000 Direct materiale Direct labor cost Job P $14,040 $ 22,600 Job O $8,640 $8,100 Actual machine-hours used Molding Fabrication Total 1,850 650 2,500 860 960 1,820 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.) Coet of goods sold 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): Estinated total machine-hours used Estimated total fixed manufacturing overhead Eatinated variable manufacturing overhead per machine-hour Holding 3,700 $10,800 $ 1.40 Fabrication 1,620 $16,200 $ 2.20 Total 4,320 $27,000 Direct materiale Direct labor cost Job P $14,040 $ 22,600 Job O $8,640 $8,100 Actual machine-hours used Molding Fabrication Total 1,850 650 2,500 860 960 1,820 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.) Coet of goods sold
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