What were the company predetermined overhead rates

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Question - 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):

Molding Fabrication Total

Estimated total machine-hours used 2,700 1,620 4,320

Estimated total fixed manufacturing overhead $10,800 $16,200 $27,000

Estimated variable manufacturing overhead per machine-hour $1.40 $2.20

Job P Job Q

Direct materials $14,040 $8,640

Direct labor cost $22,680 $8,100

Actual machine-hours used: Molding 1,850 860

Fabrication 650 960

Total 2,500 1,820

Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.

Required - What were the company's predetermined overhead rates in the Molding Department and the Fabrication Department?

Reference no: EM132818988

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