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Required information The Foundational 15 (LO2-1, LO2-2, LO2-3, LO2-4) (The following information applies to the questions dis

Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8

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Answer #1
Molding Fabrication Total
Estimated total machine hours used 2500 1500 4000
(*) Estimated variable manufacturing overhead per machine hour 1.40 2.20
Estimated total variable manufacturing overhead 3500 3300 6800
Estimated total fixed manufacturing overhead 10000 15000 25000
Estimated total manufacturing overhead 13500 18300 31800
Plantwide predetermined overhead rate = Estimated total manufacturing overhead / Estimated total machine hours used = 31800 / 4000 = 7.95 per MH
Required 2 :
Job P Job Q
Total actual machine hours used 2300 1700
Plantwide predetermined overhead rate 7.95 7.95
Manufacturing overhead applied 18285 13515
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