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Required Information The Foundational 15 [LO2-1, LO2-2, LO2-3, LO2-4] [The following information applies to the questions displayed below] Sweeten Company had no jobs in progress
Required Information The Foundational 15 [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 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 Holding Estimated total fixed menufacturing overhead Estimated variable manufacturing overhead per machine-hour 3,700 134,000 31.40 Fabricat son 2,220 $22,200 Tota Direct materials $10,0 Direct labor cost actual machine-hours usedi Holding Fabricat son YO 1,100 2,500 Sweeten Company had no under applied or over applied 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 2-15 (Algo) 15 What was Sweeten Company's cost of goods sold for March? (Do not round Intermediate calculations.) Cost of goods sold
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