Required information (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 addtional information is available for the company as a whole and for Jobs Pand Q (all data and questions relate to the month of March): Estimated total aachine-hours used Eetimeted total fixed manuf acturing overhead Estimated variable nanufacturing overhead per nachine-hour Molding Fabrication 2. 500 $11, 750 $ 2. 10 1, 500 $16, 050 $ 2. 90 Total 4. 000 $27, 800 Job P $20, 000 $26, 600 Job Q $11,500 $10, 300 Direct naterials Direct labor cost Actual nachine-hours used: Nolding 2, 400 1. 300 3. T00 1, 500 Fabrication 1.600 Total 3,100 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-9, assume that Sweeten Company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments and Job P inciuded 20 units and Job Q included 30 units. For questions 10-15, assume that the company uses a plantwide predetermined overhead rate with machine.hours as the allocation base 2. How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q? (Do not round intermediate calculetions.) Job P Job Q Manufacturing ovarhaad appliad
Required information (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 addtional information is available for the company as a whole and for Jobs Pand Q (all data and questions relate to the month of March): Estimated total aachine-hours used Eetimeted total fixed manuf acturing overhead Estimated variable nanufacturing overhead per nachine-hour Molding Fabrication 2. 500 $11, 750 $ 2. 10 1, 500 $16, 050 $ 2. 90 Total 4. 000 $27, 800 Job P $20, 000 $26, 600 Job Q $11,500 $10, 300 Direct naterials Direct labor cost Actual nachine-hours used: Nolding 2, 400 1. 300 3. T00 1, 500 Fabrication 1.600 Total 3,100 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-9, assume that Sweeten Company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments and Job P inciuded 20 units and Job Q included 30 units. For questions 10-15, assume that the company uses a plantwide predetermined overhead rate with machine.hours as the allocation base 2. How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job Q? (Do not round intermediate calculetions.) Job P Job Q Manufacturing ovarhaad appliad
Chapter1: Financial Statements And Business Decisions
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