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 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour 2,500 $14,250 3.10 1,500 $17,550 4,000 $31,800 3.90 Job Q $16,500 $14,300 Job P $30,000 $34,600 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication 3,400 2,500 2,300 5,700 2,600 5,100 Total 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 included 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 calculations.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Job P
Job Q
Manufacturing overhead applied
Transcribed Image Text:Job P Job Q Manufacturing overhead applied
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
1,500
$17,550
$ 3.90
Total
Estimated total machine-hours used
Estimated total fixed manufacturing overhead
Estimated variable manufacturing overhead per machine-hour
2,500
$14,250
4,000
$31,800
3.10
Job Q
$16,500
$14,300
Job P
Direct materials
Direct labor cost
Actual machine-hours used:
Molding
$30,000
$34,600
3,400
2,500
2,300
5,700
2,600
5,100
Fabrication
Total
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
as the allocation base in both departments and Job P included 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.
machine-hours
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.)
Transcribed Image Text: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 1,500 $17,550 $ 3.90 Total Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour 2,500 $14,250 4,000 $31,800 3.10 Job Q $16,500 $14,300 Job P Direct materials Direct labor cost Actual machine-hours used: Molding $30,000 $34,600 3,400 2,500 2,300 5,700 2,600 5,100 Fabrication Total 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 as the allocation base in both departments and Job P included 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. machine-hours 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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