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 Pand Job Q. The following additional information is available for the company as a whole and for Jobs Pand Q (all data and questions relate to the month of March): Molding Fabrication Total Estimated total machine-hours used 2,500 1,500 4,000 Estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 Estimated variable manufacturing overhead per $1.40 $| 2.20 machine-hour Job P Job Q Direct materials 13,000 8,000 Direct labor cost 21,000 7,500 Actual machine-hours used: Molding 1,700 800 Fabrication 600 900 Total 2,300 1,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. What was the total manufacturing cost assigned to Job P using a plantwide predetermined overhead rate (POHR)? (Do not round Intermediate calculations.) Group of answer choices $13,515 S29,015 $18,285 $52,285

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 Pand Job Q. The following additional information is available for the company as a whole and for Jobs Pand Q (all data and questions relate to the month of March): Molding Fabrication Total Estimated total machine-hours used 2,500 1,500 4,000 Estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 Estimated variable manufacturing overhead per $1.40 $| 2.20 machine-hour Job P Job Q Direct materials 13,000 8,000 Direct labor cost 21,000 7,500 Actual machine-hours used: Molding 1,700 800 Fabrication 600 900 Total 2,300 1,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. What was the total manufacturing cost assigned to Job P using a plantwide predetermined overhead rate (POHR)? (Do not round Intermediate calculations.) Group of answer choices $13,515 S29,015 $18,285 $52,285

Name: Sweeten Company had no jobs in progress at the beginning of March and
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Description: Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. Thecompany has two manufacturing departments--Molding and Fabrication. It started, completed, and soldonly two jobs during March-Job Pand Job Q. The foll

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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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 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 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total Job P $ 13,000 $ 21,000 Manufacturing overhead applied 1,700 600 2,300 Job P Job Q $ 8,000 $ 7,500 800 900 1,700 Job Q Molding 2,500 $ 10,000 $ 1.40 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 9, assume…
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Required inTormation [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): Molding 4,200 $ 16,800 Fabrication 2,520 $25, 200 Total Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine- 6,720 $ 42,000 hour $ 1.40 $2.20 Job Q $ 13,440 $ 12,600 Job P Direct materials Direct labor cost Actual machine-hours used: $ 21,840 $ 35,280 Molding Fabrication 2,890 1,340 1,480 1,010 Total 3,900 2,820 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For…
The Townson Manufacturing Company has gathered the following information for the month of September pertaining to its use of materials in Work in Process: beginning inventory had 4,500 (EUPs) valued at $$13,500; $202,000 of materials were added during the month; ending inventory consisted of 16,000 (EUPs) and 50,000 units were completed and transferred to the next department. What is the weighted average cost per EUP of materials for the month of September? Round to the nearest $.001.
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 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 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total Cost of goods sold Job P $ 13,000 $ 21,000 $ 1,700 600 2,300 81,840 Job Q $ 8,000 $ 7,500 800 900 1,700 Molding 2,500 $ 10,000 $ 1.40 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 9, assume that Sweeten…