[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 h two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during Marcl Job P and Job Q. The following additional information is available for the company as a whole and for Jobs P and Q data and questions relate to the month of March): Molding 4,200 $ 16,800 Fabrication Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine- Total 6,720 $ 42,000 2,520 $ 25, 200 $ 1.40 $2.20 hour Job P Job Q $ 13,440 $ 12,600 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication $ 21,840 $ 35,280 2,890 1,010 3,900 1,340 1,480 Total 2,820 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 questi 10 to 15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocatio base. Jhat was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.) al manufacturing cost

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 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 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 uníts and Job Q included 30 units. For questions
10 to 15, assume that the company uses a plantwide predetermined overhead rate with mạchine-hours as the allocation
base.
4. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.)
Total manufacturing cost
Transcribed Image Text: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 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 uníts and Job Q included 30 units. For questions 10 to 15, assume that the company uses a plantwide predetermined overhead rate with mạchine-hours as the allocation base. 4. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.) Total manufacturing cost
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