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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
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 Molding 3,300 $ 13,200 $ 1.40 Fabrication 1,980 $ 19,800 $ 2.20 Total 5, 280 $ 33,000 Job P $ 17,160 $ 27, 720 Job O $ 10,560 $ 9,900 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 2,210 790 3,000 1,060 1,220 2,280 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 Pincluded 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. 10. What was the company's plontwide predetermined overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead rate per MH
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