Required information The Foundational 15 (Static) [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 begin completed, and sold only two jobs during the year-Job P and Job Q. The company L overhead rate based on machine-hours. At the beginning of the year, it estimated tha be required for the period's estimated level of production. Sweeten also estimated $2 overhead cost for the coming period and variable manufacturing overhead of $1.70 pe Because Sweeten has two manufacturing departments-Molding and Fabrication-it is plantwide overhead rate with departmental rates that would also be based on machine gathered the following additional information to enable calculating departmental overh Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabri- 2,500 $ 10,000 $ 15 $ 1.40 $ The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q ar- Direct materials Job P $13,000 Job Q $ 8,000 Direct labor cost $ 21,000 $ 7,500 Actual machine-hours used: Molding 1,700 800 Fabrication Total 600 2,300 Sweeten Company had no overapplied or underapplied manufacturing overhead costs du 900 1,700 S < Prev 1 2 3 im 00 8 of 8 Next >