Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during MarchJob P and Job Q. Job P was completed and sold by the end of March and Job Q was incomplete at the end of March. The company uses a plantwide predetermined overhead rate based on direct labor-hours. 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): Estimated total fixed manufacturing overhead $ 10,500 Estimated variable manufacturing overhead per direct labor-hour $ 1.10 Estimated total direct labor-hours to be worked 2,100 Total actual manufacturing overhead costs incurred $ 12,600 Job P Job Q Direct materials $ 14,000 $ 8,100 Direct labor cost $ 14,400 $ 6,600 Actual direct labor-hours worked 1,200 550

1. Calculate the cost of goods manufactured using the indirect method.

2. Calculate the cost of goods sold using the indirect method.

3. How would you revise your answer to question 1 if the company had beginning work in process inventory of $8,100?

4. How would you revise your answer to question 2 if the company had beginning finished goods inventory of $12,100?

5. Assume that Job P includes 19 units that each sell for $2,900 and that the companys selling and administrative expenses in March were $16,000. Prepare an absorption costing income statement for March.