[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 2,600 $ 10,400 Fabrication Total Estimated total machine-hours used 1,560 4,160 $ 26,000 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine- hour $ 15,600 $ 1.40 $ 2.20 Job P Job Q $ 8,320 $ 7,800 Direct materials Direct labor cost Actual machine-hours used: $ 13,520 $ 21,840 Molding 1,780 830 Fabrication 620 930 Total 2,400 1,760 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. Foundational 2-4 (Algo) 4. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.)
[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 2,600 $ 10,400 Fabrication Total Estimated total machine-hours used 1,560 4,160 $ 26,000 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine- hour $ 15,600 $ 1.40 $ 2.20 Job P Job Q $ 8,320 $ 7,800 Direct materials Direct labor cost Actual machine-hours used: $ 13,520 $ 21,840 Molding 1,780 830 Fabrication 620 930 Total 2,400 1,760 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. Foundational 2-4 (Algo) 4. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Total
![[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):
15
Molding
2,600
$ 10,400
Fabrication
Total
Estimated total machine-hours used
1,560
4,160
Estimated total fixed manufacturing overhead
Estimated variable manufacturing overhead per machine-
$ 15,600
$ 26,000
hour
$ 1.40
$ 2.20
Job P
Job Q
Direct materials
$ 13,520
$ 21,840
$ 8,320
$ 7,800
Direct labor cost
Actual machine-hours used:
Molding
1,780
830
Fabrication
620
930
Total
2,400
1,760
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.
Foundational 2-4 (Algo)
4. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe26a88f3-4262-4346-a4bb-c2995d576c63%2Fd344e277-bb3f-446f-82cd-df1dca6818e7%2Fz7iuf0b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:[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):
15
Molding
2,600
$ 10,400
Fabrication
Total
Estimated total machine-hours used
1,560
4,160
Estimated total fixed manufacturing overhead
Estimated variable manufacturing overhead per machine-
$ 15,600
$ 26,000
hour
$ 1.40
$ 2.20
Job P
Job Q
Direct materials
$ 13,520
$ 21,840
$ 8,320
$ 7,800
Direct labor cost
Actual machine-hours used:
Molding
1,780
830
Fabrication
620
930
Total
2,400
1,760
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.
Foundational 2-4 (Algo)
4. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education