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 $32,600 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.60 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:
Sweeten Cemparyy had no jobs in pregress at the beginning of the year and no beginning inventories, it started, completed, and soid ony two jobs during the year-Job P and Job Q. The company uses a plantwide predetermined sverhead rate bssed on machine-hours. At the beginning of the year, it ostimated that 4,000 mochine-hours would bo required for the period's estimated level of production. Sweeten also estimated $32,600 of fixed manufacturing overhead cost for the coming peried and variable manutocturing overhead of $3.60 por 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 compary gothered the following edditional information to enable calculating departmental overheaci rates: The drect materials cost, diect labor cost, and machine-houm used for Jobs P and Q are as folows: Sweeten Compary had no overappled of underapgind manufacturing overnead costs during the year. Requlredi For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhesd rate with machine-hours as the aliocation base. Fot quetions, 915 , assume that vie company uses predetermined departicntat overhead rates wis machimehours as the allocation base in both departments 2. How moch manufacturing dveibead was appled to Job P ard how much was apglied to Job Q ? (Do net round intermedlate calculationt) 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 yeat-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 requlred for the period's estimated level of production. Sweeten also estimated $32,600 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.60 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 olso be bosed on machine-hours. The company gathered the following additional information to enoble calculating departmental ovorheod rates: The direct materials cost, direct labor cost, and mochline hours used for jobs P and Q are as follows: Sweoten Compony had no overappled of underappled mionufocturing ovothead costs during the yeat. Pequired: For questions 108, assume that 5 wecten Company uses a plantwide predetorm ned overnesd rate wat mochine-heurs as the allocotion bosei for questions; 915, as sume that the company ises predetermined dopartmental overheod tates with machine hours as the allocation base in both deparments 2. How much manudactaring owerhead was appled to job 8 and how ivuch was sppled to Job or ibo not round intermediate calculations.)
