Question
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departmentsMolding and Fabrication. It
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departmentsMolding and Fabrication. It started, completed, and sold only two jobs during MarchJob 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):
MoldingFabricationTotalEstimated total machine-hours used2,5001,5004,000Estimated total fixed manufacturing overhead$13,500$17,100$30,600Estimated variable manufacturing overhead per machine-hour$2.80$3.60
Job PJob QDirect materials$27,000$15,000Direct labor cost$32,200$13,100Actual machine-hours used:Molding3,1002,200Fabrication2,0002,300Total5,1004,500
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.
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 departmental predetermined overhead rates with machine-hours as the allocation base in both departments.
. What were the company's predetermined overhead rates in the Molding Department and the Fabrication Department?(Round your answers to 2 decimal places.)
Predetermined Overhead Rate
Molding Department. per MH
Fabrication Department. per MH
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