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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

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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): 4,000 $14,250 $17,550 $31,800 2,500 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour 1,500 3.10 3.90 Job Job o $30,000 $16,500 $34,600 $14,300 Direct materials Direct labor eost Actual machine-hours used: Molding Fabrication Total 3,400 2,300 5,700 2,600 5,100 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead ratetwith machine-hours as the allocation base. For questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. What was the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.) per MH

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