Question

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) SONO Molding Fabrication Total Estimated total machine-hours used R S S 2,500 1,500 4.000 Estimated total fixed manufacturing overhead $14,000 $17,400 $31,400 Estimated variable manufacturing overhead per machine-hour $ 3.00 $ 3.80 ww. Direct materials Direct labor cost Actual macháne hours used Job P $29,000 $33,899 13,390 ob O $16,000 $13,900 2,400 Molding Total Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month 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 departmental predetermined overhead rates with machine hours as the allocation base in both departments SNS SENSE ENN SENS 1. Wat was the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.) N IELS Pradotermined overhead rate per MH OS SANTORININ ALIN

Answer 1

1
Estimated variable manufacturing overhead	13200	=(2500*3)+(1500*3.8)
Estimated total fixed manufacturing overhead	31400
Estimated total manufacturing overhead	44600
Divide by Estimated total machine-hours used	4000
Predetermined overhead rate	11.15	per MH