Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, it estimated that 4,000 machine-hours would be required for the period's estimated level of production, Sweeten also estimated $31,800 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.40 per machine-hour. Because Sweeten has two manufacturing departments-Molding and Fabrication-It is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following additional information to enable calculating departmental overhead rates: Molding Fabrication Estimated total machine-hours used 1,500 Estimated total fixed manufacturing overhead $ 14,250 $ 17,550 $ 31,800 Estimated variable manufacturing overhead per machine-hour 2,500 Total 4,000 The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows: $ 3.10 $ 3.90 Job P Job o Direct materials $ 30,000 Direct labor cost $ 16,500 $ 34,600 $ 14.300 Actual machine-hours used: Molding 3,400 2,500 Fabrication 2.300 2.600 Total 5.200 5,100 Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year 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 predetermined departmental overhead rates with machine-hours as the allocation base in both departments. 8. What is Sweeten Company's cost of goods sold for the year? (Do not round intermediate calculations.) Cost of goods sold