Reference no: EM131251093
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during March—Job P and Job Q. Job P was completed and sold by the end of the March and Job Q was incomplete at the end of the March. The company uses a plantwide predetermined overhead rate based on direct labor-hours. 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 fixed manufacturing overhead $13,000
Estimated variable manufacturing overhead per direct labor-hour $1.60
Estimated total direct labor-hours to be worked 2,600
Total actual manufacturing overhead costs incurred $17,000
Job P Job Q
Direct materials $ 17,500 $ 8,600
Direct labor cost $ 28,900 $ 13,600
Actual direct labor-hours worked 1,700 800
a. What is the company’s predetermined overhead rate? (Round your answers to 2 decimal places.)
Predetermined overhead rate ____ per DLH
b. How much manufacturing overhead was applied to Job P and Job Q? (Round your intermediate calculations to 2 decimal places.)
Manufacturing overhead applied: Job P ____ Job Q______
c. What is the direct labor hourly wage rate?
Direct labor hourly wage rate: Job P___ Job Q_____
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