Required information The Foundational 15 (Algo) [LO2-1, LO2-2, LO2-3, LO2-4] [The following information applies to the questions displayed below] Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories started completed, and sold only two jobs during the year-Job P and Job Q The company uses a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, it estimated that 4,000 machine-hours would be required for the period's estimated level of production Sweeten also estimated $29,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.70 per machine-boo Because Sweeten has two manufacturing departments-Molding and Fabrication is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following additional information to enable calculating departmental overhead rates Estimated total machine tours used Estimated total fixed manufacturing overhead Extimated variable manufacturing overhead per sachine-hour Holding [cele Total 2,500 3,500 4 $12,500 $29,000 52.40 $3.20 The direct materials cost, direct labor cost, and machine-hours used for Jobs Pond are as follows Direct materials Direct labor cost Actual machine-hours used: Fabrication Holding Total $23,000 $13,000 $29,000 $11,500 2,700 3,600 3,900 4,300 3,200 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine hours as the allocation base. For questions, 9-15, essume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments Check the allocation base. For questions, 9-15, assume that the company uses preuetemmed p machine-hours as the allocation base in both departments. Foundational 2-1 (Algo) 1. What is the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead rate per MH S Prev 3 15 of 15 0 Foundational 2-2 (Algo) 2. How much manufacturing overhead was applied to Job P and how much was applied to Job Q? (Do not round intermediate calculations.) Job P Job Q Manufacturing overhead applied < Prev 2 3 4 OL 15 15 of 15 Next > Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. Foundational 2-3 (Algo) 3. What is the total manufacturing cost assigned to Job P? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) Total manufacturing cost 9 < Prev 3 4 5 15 of 15 Next > es Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate wit the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. Foundational 2-4 (Algo) 4. If Job P includes 20 units, what is its unit product cost? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) Unit product cost < Prev 4 5 6 86 9 OL 15 of 15 Next O machine-hours as Foundational 2-5 (Algo) 5. What is the total manufacturing cost assigned to Job Q? (Do not round intermediate calculati Total manufacturing cost < Prev 5 Foundational 2-6 (Algo) 6. If Job Q includes 30 units, what is its unit product cost? (Do no nearest whole dollar.) Unit product cost