Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Sweeten Company had no jobs in progress at the beginning of March and no beginning Inventorles. The company nos two manufacturing departments --Molding and Fabrication.
Sweeten Company had no jobs in progress at the beginning of March and no beginning Inventorles. The company nos 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); Molding Tabrication Total Estimated total machine-hours used 4,400 2,640 7,040 Estimated total fixed manufacturing overhead $17,600 $26,400 $44,000 Estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 Job P $22,880 536,960 Job O $14,080 $13,200 Direct materials Direct Labor cost Actual machine-hours und Molding Fabrication Total 3.040 1,060 4,100 1.410 1930 2.940 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-9, assume that Sweeten Company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments and Job Pincluded 20 units and Job Q included 30 units. For questions 10-15 assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 6. What was the total manufacturing cost assigned to Job Q? (Do not round intermediate calculations. Total manufacturing cost
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started