Sweeten Company had no jobs in progress of the beginning of March and no beginning verones e d only wojobs du March Job Pond Job Job Pos completed and sold by the end of March and Job was incomplete at the end of March. The company uses a piwwide predetermined overhead based on directibor hours. The following additional informations avable for the company as a whole and for Jobs Pond data and questions relate to the month of March to mancungov ved both To actual manufacturn overhead costs incurred YouTube $ 14,400 $6,500 Actual director hours worked Required: 1. What is the company's predetermined overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH 3. What is the direct labor hourly wage rate? Job P Job Q Direct labor hourly wage rate 4. If Job P includes 19 units what is its unit product cost? Unit product cost 5 What is the total amount of manufacturing cost assigned to Job Qas of the end of March (including applied overhead) Total manufacturing cost 7. Will your answer to question 6 increase or decrease unadjusted cost of goods sold? Decrease Increase 9. If Sweeten Company's labor time tickets totaled $25,000 for the month of March, then how much indirect labor cost would be included in Manufacturing Overhead incurred? Indirect labor included in Manufacturing Overhead incurred 10. Calculate the cost of goods sold using the direct method. Cost of goods sold 11. Calculate the cost of goods manufactured using the indirect method. Cost of goods manufactured 12. Calculate the cost of goods sold using the indirect method. Cost of goods sold 10. value 5.00 points 13. How would you revise your answer to question 11 if the company had beginning work in process inventory of $8,100? Cost of goods manufactured Sweeten Company had no jobs in progress of the beginning of March and no beginning verones e d only wojobs du March Job Pond Job Job Pos completed and sold by the end of March and Job was incomplete at the end of March. The company uses a piwwide predetermined overhead based on directibor hours. The following additional informations avable for the company as a whole and for Jobs Pond data and questions relate to the month of March to mancungov ved both To actual manufacturn overhead costs incurred YouTube $ 14,400 $6,500 Actual director hours worked Required: 1. What is the company's predetermined overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH 3. What is the direct labor hourly wage rate? Job P Job Q Direct labor hourly wage rate 4. If Job P includes 19 units what is its unit product cost? Unit product cost 5 What is the total amount of manufacturing cost assigned to Job Qas of the end of March (including applied overhead) Total manufacturing cost 7. Will your answer to question 6 increase or decrease unadjusted cost of goods sold? Decrease Increase 9. If Sweeten Company's labor time tickets totaled $25,000 for the month of March, then how much indirect labor cost would be included in Manufacturing Overhead incurred? Indirect labor included in Manufacturing Overhead incurred 10. Calculate the cost of goods sold using the direct method. Cost of goods sold 11. Calculate the cost of goods manufactured using the indirect method. Cost of goods manufactured 12. Calculate the cost of goods sold using the indirect method. Cost of goods sold 10. value 5.00 points 13. How would you revise your answer to question 11 if the company had beginning work in process inventory of $8,100? Cost of goods manufactured
