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What was sweeten company cost of goods sold for march ? Check my work [The following information applies to the questions displayed below.] Sweeten Company
What was sweeten company cost of goods sold for march ?
Check my work [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 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 machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 4,000 $14,750 $17,850 $32,600 2,500 1,500 $ 3.30 4.10 Job Q $32,000 $17,500 $36,200 $15,100 Job P Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,600 2.500 6,100 2,700 2.800 5,500 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. 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 departmental predetermined overhead rates with machine-hours as the allocation base in both departmentsStep by Step Solution
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