[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 Job P $ 17,160 Job Q $ 10,560 Direct labor cost $ 27,720 $ 9,900 Actual machine-hours used: Molding 2,210 1,060 Fabrication Total 790 3,000 1,220 2,280 Molding 3,300 $ 13,200 $ 1.40 Fabrication 1,980 $ 19,800 $ 2.20 Total 5,280 $ 33,000 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. 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.) Answer is not complete. Manufacturing overhead applied Job P Job Q 23,582 x
[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 Job P $ 17,160 Job Q $ 10,560 Direct labor cost $ 27,720 $ 9,900 Actual machine-hours used: Molding 2,210 1,060 Fabrication Total 790 3,000 1,220 2,280 Molding 3,300 $ 13,200 $ 1.40 Fabrication 1,980 $ 19,800 $ 2.20 Total 5,280 $ 33,000 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. 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.) Answer is not complete. Manufacturing overhead applied Job P Job Q 23,582 x
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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