[The following information applies to the questions displayed below] 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 $30,200 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 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: Estimated total machine-hours used Estimated total fixed eanufacturing overhead Estimated variable manufacturing overhead per machine-hour Holding 2,500 $ 15,250 $2.70 Fabrication 1,500 $16,950 $3.50 Total 4,000 $ 30,200 The direct materials cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows: Direct naterials Job H $ 26,000 Job Q $14,500 $31,400 $12,700 3,000 2,100 1,900 2,200 4/900 4,300 Direct labor cost Actual machine-hours used Fabrication Holding Total Sweeten Company had no overapplied or underapplied manufacturing overhead costs during the year Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. 8. What is Sweeten Company's cost of goods sold for the year? Note: Do not round intermediate calculations. Cost of goods suid