1. assume Delph uses departmental predetermined overhead rates based on machine hours. a. compute the departmental predetermined overhead rates. b.Compute total manufacturing cost assigned to job D-70 and C-200. What is Delph's cost of goods sold for the year?

of 2 Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 22,000 $ 740,000 $ 3.00 30,000 $ 240,000 $ 1.00 52,000 $ 980,000 During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs- Job D-70 and Job C-200. It provided the following information related to those two jobs: Job D-70 Direct materials cost Direct labor cost Machine-hours Molding $ 370,000 $ 220,000 16,000 ook Fabrication $ 320,000 $ 140,000 6,000 Total $ 690,000 $ 360,000 22,000 Fint cences Job C-200 Direct materials cost Direct labor cost Machine-hours Molding $ 200,000 $ 140,000 6,000. Fabrication $ 300,000 $ 280,000 24,000 Total $ 500,000 $ 420,000 30,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses departmental predetermined overhead rates based on machine-hours. a. Compute the departmental predetermined overhead rates. b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. 58F a 99+ 0. ere to search