60.1K

Verified Solution

Link Copied!

Required information 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). Holding Fabrication 2,500 1,500 $14,000 $17, 400 $ 3.00 $ 3.80 Total 4,000 $31,400 Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Job P $29,000 333,800 Job $16,000 $13,900 Direct materials Direct labor cost Actual machine-hours used: Holding Fabrication Total 3,300 2,200 5,500 2.400 2,500 4.980 Sweeten Company had no underapplied or over applied manufacturing overhead costs during the month Required: For questions 19, assume that Sweeten Company uses departmental predetermined overhead rotes with machine-hours as the allocation base in both departments and Job Pincluded 20 units and Job included 30 units For questions 10-15 assume that the company uses a plantwide predetermined overhead tate with machine hours as the location base 2 How much manufacturing overhead was applied from the Molding Department to Job P and how much was applied to Job ? (Do not round intermediate calculations.) Job P Job O Manufacturing the apped 4. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.) Total manufacturing con

Answer & Explanation Solved by verified expert

See Answer