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Required information The following information applies to the questions disployed below] Sweeten Company had no jobs in progress at the beginning of March and no
Required information The following information applies to the questions disployed 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 soid only two jobs during MarchJob P and Job Q. The following additional information is available for the company as a whole and jobs dobring March- P and Q (ail data and questions relate to the month of Marchk. Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. 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 tates with machinehours 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. 10. What was the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.)
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