D Ch. 3Exercise Problems C Chegg Study | Guided So x G how do you find unit pro

Question

D Ch. 3Exercise Problems C Chegg Study | Guided So x G how do you find unit pro x G Chegg Tutors On ? |?Not secure l ezto.mheducation.com/hm.tpx?--0.357 1841 682336049-1530994352747 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. 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 Estimated variable manufacturing overheed per direct labor-hourS Estimated total direct labor-hours to be worked $ 16.000 190 4,000 22.200 Total actual manufoctuning overhead costs Iricurred Direct materials Direct labor cost Actual direct labor-hours worked Job P Job Q $ 22.700 $ 8.500 $58,900 $10,450 3,100 550 1. 0.16 points Required 1 What is the company's predetermined overhead rate? (Round your answers to 2 decimal places)

Explanation / Answer

TRANSACTION GENERAL JOURNAL DEBIT CREDIT 1. Raw materials 34200 Accounts payable 34200 TRANSACTION GENERAL JOURNAL DEBIT CREDIT 2. Work in process 31200 Raw materials 31200

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