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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 Total Machine-hours 20,000 30,000 50,000 Fixed manufacturing overhead costs $ 700,000 $ 210,000 $ 910,000 Variable manufacturing overhead cost per machine-hour 3.00 S 1. 00Job D-70: Molding Fabrication Total Direct materials cost $ 375, 000 $ 325,000 $ 700,000 Direct labor cost $ 200,000 S 160,000 $ 360,000 Machine-hours 14,000 6,000 20,000 Job C-200: Molding Fabrication Total Direct materials cost $ 300,000 $ 250,000 $ 550, 000 Direct labor cost $ 175, 000 $ 225,000 $ 400, 000 Machine-hours 6,000 24,000 30,000Complete the question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C Required 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead per MH rateComplete the question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C Required 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. Total manufacturing cost Job D-70 Job C-200Complete the question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C Required 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200? Bid price Job D-70 Job C-200Complete the question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C Required 1D Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. What is Delph's cost of goods sold for the year? Cost of goods soldMolding Fabrication Total Machine-hours 20,000 30,000 50,000 Fixed manufacturing overhead costs $ 700, 000 $ 210,000 $ 910,000 Variable manufacturing overhead cost per machine-hour S 3.00 S 1. 00Job D-70: Molding Fabrication Total Direct materials cost $ 375,000 $ 325,000 $ 700,000 Direct labor cost $ 200,000 160,000 $ 360,000 Machine-hours 14,000 6,000 20,000 Job C-200: Molding Fabrication Total Direct materials cost $ 300, 000 $ 250,000 $ 550, 000 Direct labor cost S 175,000 S 225,000 $ 400,000 Machine-hours 6,000 24,000 30,000Complete the question by entering your answers in the tabs given below. Required 2A Required 2B Required 2C Required 2D Compute the departmental predetermined overhead rates. Pre determined overhead rates Molding Department per MH Fabrication Department per MHComplete the question by entering your answers in the tabs given below. Required 2A Required 2B Required 2C Required 2D Compute the total manufacturing cost assigned to Job D-70 and Job C-200. Total manufacturing cost Job D-70 Job C-200Complete the question by entering your answers in the tabs given below. Required 2A Required 2B Required 2C Required 2D If Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200? Bid price Job D-70 Job C-200Complete the question by entering your answers in the tabs given below. Required 2A Required 2B Required 2C Required 2D What is Delph's cost of goods sold for the year? Cost of goods soldJob Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost $ 1, 533, 500 Job Omega Direct materials $ 235, 000 Direct labor 345,000 Manufacturing overhead applied 184,000 Total job cost $ 764, 000Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the plantwide predetermined overhead rate. Plantwide predetermined overhead rate per DLHComplete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the job cost sheet for Job Alpha. Direct materials Direct labor Manufacturing overhead applied Total job cost
