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Required information The Foundational 15 [LO2-1, LO2-2, LO2-3, LO2-4] 15 [The following information applies to the questions displayed below] Savid Sweeten Company had no
Required information The Foundational 15 [LO2-1, LO2-2, LO2-3, LO2-4] 15 [The following information applies to the questions displayed below] Savid 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 3,900 $ 15,600 Fabrication) 2,340 $23,400 Total 6,240 $ 39,000 $1.40 $.2.20 Job P Direct materials $ 20,280 Direct labor cost $ 32,760 Job Q $ 12,480 $11,700 Actual machine-hours used: ences Molding 2,660. 1,250 Fabrication 940 Total 3,000 1,300 2,640 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. Foundational 2-2 (Algo) 2. How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q? (Do not round intermediate calculations.) Manufacturing overhead applied Job P Job Q 8 < Prev 456 17 of 20 Ne
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