1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours.

a. Compute the plantwide predetermined overhead rate.

b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200.

c. If Delph establishes bid prices that are 140% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200?

d. What is Delphs cost of goods sold for the year?

1 Required information Part 1 of 2 Exercise 2-15 Plantwide and Departmental Predetermined Overhead Rates; Job Costs [LO2-1, LO2-2, LO2-3, LO2-4] [The following information applies to the questions displayed below.] 30 points Delph Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication. The company provided the following estimates at the beginning of the year Molding Fabrication 33,000 230,000 5.80 Total Machine-hours Fixed manufacturing overhead costs Variable manufacturing overhead cost per machine-hour 23,000 $ 740,000 5.80 56,000 970,000 eBook S Print started, completed, and sold only two jobs- During the year, the company had no beginning or ending inventories and Job D-70 and Job C-200. It provided the following information related to those two jobs: References Molding Fabrication Total Job D-70: cost nirect labor cost s 210.000 S 170.000S 380.000 Machine-houre 16,000 7,000 23,000 Job C-200: Direct materials cost Direct labor cost Machine-hours Molding Fabrication 280,000 120,000 7,000 Total $ 220,000 $500,000 280,000 $ 400,000 33,000 26,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Exercise 2-15