eginning of March and no beginning Inventories. The company has hwo 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 availlable 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 2,500 $10,250 $ 1.50 Molding Fabrication Total 1,500 $15,150 $ 2.30 4,000 $25,400 Job P $14,000 $21,800 Job Q $8,500 $7,900 Direct materials Direct labor cost Actual machine-hours used: No lding Fabrication Total 1,800 700 900 1,000 1,900 2,500 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 bape in both departments

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 4E: The cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the...
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Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has
hvo 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 availlable 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
1,500
$15,150
$ 2.30
2,500
$10,250
$ 1.50
4,000
$25,400
Job P
$14,000
$21,800
Job Q
$8,500
$7,900
Direct materials
Direct labor cost
Actual machine-hours used:
No lding
Fabrication
1,800
700
2,500
900
1,000
1,900
Total
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.
Required:
For questions S, assume that Sweeten Company uses a plantwide predetermined overhead rate with machìne-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
Transcribed Image Text:Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has hvo 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 availlable 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 1,500 $15,150 $ 2.30 2,500 $10,250 $ 1.50 4,000 $25,400 Job P $14,000 $21,800 Job Q $8,500 $7,900 Direct materials Direct labor cost Actual machine-hours used: No lding Fabrication 1,800 700 2,500 900 1,000 1,900 Total Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions S, assume that Sweeten Company uses a plantwide predetermined overhead rate with machìne-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
Foundational 2-3
3. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.)
Total manufacturing cost
Transcribed Image Text:Foundational 2-3 3. What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.) Total manufacturing cost
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