compieteo, and soia ony two jods auring the year-joo t ana joo u. ine company...

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compieteo, and soia ony two jods auring the year-joo t ana joo u. ine company uses a piantwice preceremineo overhead rate based on machine hours. At the beginning of the year, it estimated that 4,000 machine-hours would be required for the period's estimated level of production. Sweeten also estimated $31,400 of fxed manufacturing overhead cost for the coming period and varlable manufocturing overhead of $330 per machine-hour Because Sweeten has two manufacturing deportments-Molding and Fabrication-it is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-houis. The company gathered the folsowing additional information to enable calculating departmental overhead rates. The direct materiais cost, direct labor cost, and machine-hours used for Jobs P and Q are as follows: Sweeten Compony had no overapplied or underapplied manufacturing overhead costs during the year. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions, 9-15, assume that the company uses predetermined departmental overhead rates with machine-hours as the allocation base in both departments. What are the company's predetermined overhead rates in the Molding Department and the Fabrication Department? te: Round your answers to 2 decimal places

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