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): Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $12,250 $16,350 $28,600 $ 2.30 $ 3.10 Job P $22,000 $28,200 Job Q $12,500 $11,100 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 2,600 1,500 4,100 1,700 1,800 3,500 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Denntired

Answer 1

manufacturing overhead applied plantwide predetermined Overhead rate Machine hous for Job P = $9.75*4100 $ 39975 For Job o = 9.75 X 3500 $34125

Note: plon-wide predetermined overhead rate Esimoked Hotel manufacting overhead Estimated total machine hours Estimated total manutaching overhead Estimated total fixed manufacturing overhead Eltimated + total variable manufacturing overhead Estimated total Exed manufacturing overhead $28600 Estimated total variable manufacturing oveshead = (2500 × $2.30) + (1500x83.10) $5750 + $4650 - $10400 Estimated total manufaching overhead = $28600 +$10400 = $ 39000 plantwide predetermined $ 39000 Overhead rate 4000 hours = $9.75 per machine hour.