Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It

image text in transcribed
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has 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 all data and questions relate to the month of March Estimated total mache-hours used Molding bation Total 2,500 1,500 4,000 Estated total fixed manufacturing overhead $13,500 517,100 $30,600 Estimated variable manufacturing overhead per machine-hour $ 2.80 $ 3.60 Part 2 of 15 1 points Direct materials Direct Labor cost Actual machine-hours used Molaine Fabrication Book Job $ 27,000 $15,000 Job o $32,200 $13,100 3,100 2,200 2.000 2/100 4.500 Total P ferences 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 P Included 20 units and Job included 30 units. For questions 10-15 assume that the company uses a plantwide predetermined overhead rate with machine hours as the allocation base Foundational 2-3 (Algo) 3. How much manufacturing overhead was applied from the Fabrication Department to Job P and how much was applied to Job O (Do not round Intermediate calculations.) Manufacturing overhead appled Job P 300155 34,425

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Nuclear Auditing Handbook A Guide For Quality Systems Practitioners

Authors: Charles Moseley, Norman Moreau, Karen Douglas

1st Edition

1636940072, 978-1636940076

More Books

Students also viewed these Accounting questions

Question

Define and describe the sections in a job description.

Answered: 1 week ago

Question

Discuss the relationship between job analysis and HRM processes.

Answered: 1 week ago