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 Fabrication Total Estimated total machine-hours used 3,700 2,220 5,920 Estimated total fixed manufacturing overhead $ 14,800 $ 22,200 $ 37,000 Estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20       Job P Job Q Direct materials $ 19,240 $ 11,840 Direct labor cost $ 31,080 $ 11,100 Actual machine-hours used:     Molding 2,510 1,180 Fabrication 890 1,340 Total 3,400 2,520   Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.   Required: For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments and Job P included 20 units and Job Q included 30 units. For questions 10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. rev: 06_03_2020_QC_CS-214320   Foundational 2-2 (Algo) 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 calculations.)

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The Foundational 15 [LO2-1, LO2-2, LO2-3, LO2-4]

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[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 Fabrication Total
Estimated total machine-hours used 3,700 2,220 5,920
Estimated total fixed manufacturing overhead $ 14,800 $ 22,200 $ 37,000
Estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20  

 

  Job P Job Q
Direct materials $ 19,240 $ 11,840
Direct labor cost $ 31,080 $ 11,100
Actual machine-hours used:    
Molding 2,510 1,180
Fabrication 890 1,340
Total 3,400 2,520

 

Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.

 

Required:

For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments and Job P included 20 units and Job Q included 30 units. For questions 10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base.

rev: 06_03_2020_QC_CS-214320

 

Foundational 2-2 (Algo)

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 calculations.)

 

 

 

 

 
 

The Foundational 15 [LO2-1, LO2-2, LO2-3, LO2-4]

Skip to question

 

[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 Fabrication Total
Estimated total machine-hours used 3,700 2,220 5,920
Estimated total fixed manufacturing overhead $ 14,800 $ 22,200 $ 37,000
Estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20  

 

  Job P Job Q
Direct materials $ 19,240 $ 11,840
Direct labor cost $ 31,080 $ 11,100
Actual machine-hours used:    
Molding 2,510 1,180
Fabrication 890 1,340
Total 3,400 2,520

 

Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.

 

Required:

For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments and Job P included 20 units and Job Q included 30 units. For questions 10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base.

rev: 06_03_2020_QC_CS-214320

 

Foundational 2-2 (Algo)

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 calculations.)

 

 

 

 

 
 
 
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