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CoursHeroTranscribedText: Required information The Foundational 15 [LO2-'I, LO2-2, LO2-3, LO24] [The following information applies to the questions displayed below. ] Sweeten Company had nojobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departmentsMolding 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 2 , 500 1 , 500 4 , 000 Estimated total fixed manufacturing overhead $14,500 $17 , 700 $32,200 Estimated variable manufacturing overhead per machine-hour $ 3 . 20 $ 4 . 00 l Job P Job Q Direct materials $31,000 $17,000 Direct labor cost $35,400 $14,700 Actual machine-hours used: Molding 3,500 2,600 Fabrication 2,400 2, 700 Total 5,900 5,300 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 0 included 30 units. For questions 10-15, assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. Foundational 2-1 (Algo) 1. What were the company's predetermined overhead rates in the Molding Department and the Fabrication Department? (Round your answers to 2 decimal places.) a Answer is complete but not entirely correct. Molding Department $ 18,285.00 6 per MH Fabrication Department $ 13,515.00 Q per MH

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