Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during MarchJob P and Job Q. Job P was completed and sold by the end of March and Job Q was incomplete at the end of March. The company uses a plant-wide predetermined overhead rate based on direct labor-hours. 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):

	Job P	Job Q
Direct Materials	$17,000	$9,800
Direct Labor Costs	$49,300	$13,600
Actual Direct Labor-hours worked	2,900	800

Estimated total fixed manufacturing overhead	$15,200
Estimated variable manufacturing overhead per directlabor-hour	$1.70
Estimated total direct labor-hours to be worked	3,800
Total actual manufacturing overhead costs incurred	$22,000

1) What is the company's predetermined overhead rate? (Round to 2 decimal places)

2) How much manufacturing overhead was applied to Job P and Job Q?

3) What is the direct labor hourly wage rate?

4) If Job P includes 33 units, what is its unit product cost?

5) What is the total amount of manufacturing cost assigned to Job Q as of the end of March (including applied overhead)?

6) What is the amount of under-applied or over-applied overhead?

7) Will your answer to question 6 increase or decrease un-adjusted cost of goods sold?

8) If Sweeten Company requisitioned $31,000 from raw materials inventory during March, then how much indirect materials cost would be included in Manufacturing Overhead Incurred?

9) If Sweeten Companys labor time tickets totaled $68,600 for the month of March, then how much indirect labor cost would be included in Manufacturing Overhead Incurred?

10) Calculate the cost of goods sold using the direct method.

11) Calculate the cost of goods manufactured using the indirect method.

12) Calculate the cost of goods sold using the indirect method.

13)How would you revise your answer to question 11 if the company had beginning work in process inventory of $9,800?

14) How would you revise your answer to question 12 if the company had beginning finished goods inventory of $13,800?

15) Assume that Job P includes 33 units that each sell for $2,900 and that the companys selling and administrative expenses in March were $10,500. Prepare an absorption costing income statement for March.