Reference no: EM132818988
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?