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Sweeten Company had no jobs in progress at the beginning of March and no beginning inventorles. The company has two manufacturing departments-Molding and Fabrication. It
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventorles. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during MarchJob P and Job Q. The following additional information is avallable for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine: ocation base in both departments and Job P included 20 units and Job Q included 30 units. For questlons 10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 1. What were the company's predetermined overhead rates in the Molding Department and the Fabrication Department? (Round your answers to 2 decimal places.) [The following information applies to the questions displayed below.] 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 avallable for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Sweeten Company had no underapplied or overapplied manulacturing overhead costs during the month. Required: For questions 1 to 9 , assume that Sweeten Company uses departmental predetermined overhead rates with machine. hours as the allocation base in both departments ond Job P included 20 units and Jab Q included 30 units. For questions 10 to 15 , assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base 1. What were the company's predetermined overhead rates in the Molding Department and the Fabtication Depattment? (Round your onswers to 2 decimal ploces.)
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