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19 Part 1 of 2 0.48 points Required Information (The following information applies to the questions displayed below.) Delph Company uses a job-order costing system

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19 Part 1 of 2 0.48 points Required Information (The following information applies to the questions displayed below.) Delph Company uses a job-order costing system with a plantwide predetermined overhead rate based on machine-tours. At the beginning of the year, the company estimated that 59,000 machine-hours would be required for the period's estimated level of production. It also estimated $980,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per machine-hour. Because Delph has two manufacturing departments-Molding and Fabricationit is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following information to enable calculating departmental overhead rates: eBook Print References Molding Fabrication Total Machine-hours 25,000 34,0 Fixed manufacturing overhead cost $ 720,000 $ 260,000 $ 980,000 Variable manufacturing overhead cost per machine-hour $ 4.00 $ 1.50 During the year, the company had no beginning or ending inventories and it started, completed, and sold only twojobs- Job D-70 and Job C-200. It provided the following information related to those two jobs: Job 5-70 Molding Fabrication Total Direct materials coat $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 140,000 $360,000 Machine-hours 14,000 11,000 25,000 Job C-200 Direct materials cost Direct labor cost Machine-hours Molding $ 260,000 $ 100,000 11,000 Fabrication $ 260,000 $ 260,000 23,000 Total $ 520,000 $360,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-2002 d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required IA Required 13 Required IC Required 1D Assume Delph uses plantwide predetermined overhead rates based on machine-hours. Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per MH Required 1A Required 1B > 19 Part 1 of 2 0.48 points Required information (The following information applies to the questions displayed below.) Delph Company uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 59,000 machine-hours would be required for the period's estimated level of production. It also estimated $980,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per machine-hour. Because Delph has two manufacturing departments-Molding and Fabricationit is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following information to enable calculating departmental overhead rates: Molding Fabrication Total Machine-hours 25,000 34,000 59,000 Fixed manufacturing overhead cost $ 720,000 $ 260,000 $ 980,000 Variable manufacturing overhead coat per machine-hour $ 4.00 $ 1.50 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 Molding Fabrication Total Direct materials coat $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 140,000 $360,000 Machine-hours 14,000 11,000 25,000 eBook Print O References Job C-200 Direct materials cost Direct labor cost Machine-hours Molding $ 260,000 $ 100,000 11,000 Fabrication $ 260,000 $ 260,000 23,000 Total $ 520,000 $ 260,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required IA Required 1B Required IC Required 10 Assume Delph uses plantwide predetermined overhead rates based on machine-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. (Round your intermediate calculations to 2 decimal places. Round your final answers to the nearest whole dollar amount.) Total Manufacturing Cost Job D-70 Job C-200 19 Part 1 of 2 0.48 points cBook Required information (The following information applies to the questions displayed below.) Delph Company uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 59,000 machine-hours would be required for the period's estimated level of production. It also estimated $980,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per machine-hour. Because Delph has two manufacturing departments-Molding and Fabricationit is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following information to enable calculating departmental overhead rates: Molding Fabrication Total Machine-hours 25,000 34,000 59,000 Fixed manufacturing overhead cost $ 720,000 $ 260,000 $ 980,000 Variable manufacturing overhead cost per machine-hour $ 4.00 $1.50 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 Molding Fabrication Total Direct materials cout $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 140,000 $ 360,000 Machine-hours 14,000 11,000 25,000 Job C-200 Molding Fabrication Total Direct materials coat $ 260,000 $ 260,000 $ 520,000 Direct labor cost $ 100,000 $ 260,000 $ 260,000 Machine-hours 11,000 23,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Print References Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required LA Required 1B Required IC Required 10 Assume Delph uses plantwide predetermined overhead rates based on machine-hours. 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? (Round your intermediate calculations to 2 decimal places. Round your final answers to the nearest whole dollar amount.) Bid Price Job D-70 Job C-200 19 Part 1 of 2 Required information [The following information applies to the questions displayed below.) Delph Company uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 59,000 machine-hours would be required for the period's estimated level of production. It also estimated $980,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per machine-hour. Because Delph has two manufacturing departments-Molding and Fabricationit is considering replacing its plantwide overhead rate with departmental rates that would also be based on machine-hours. The company gathered the following information to enable calculating departmental overhead rates: 0.48 points cBook Print References Molding Fabrication Total Machine-hours 25,000 34,000 59,000 Fixed manufacturing overhead cost $ 720,000 $ 260,000 $ 980,000 Variable manufacturing overhead cost per machine-hour $ 4.00 $ 1.50 During the year, the company had no beginning or ending inventories and it started, completed, and sold only twojobs- Job D-70 and Job C-200. It provided the following information related to those two jobs: Job D-70 Molding Fabrication Total Direct materials coat $ 370,000 $ 320,000 $ 690,000 Direct labor cost $ 220,000 $ 140,000 $360,000 Machine-hours 14,000 11,000 25,000 Job C-200 Molding Fabrication Total Direct materials cout $ 260,000 $ 260,000 $ 520,000 Direct labor cost $ 100,000 $ 260,000 $ 260,000 Machine-hours 11,000 23,000 34,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses plantwide predetermined overhead rates 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 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200? d. What is Delph's cost of goods sold for the year? Complete the question by entering your answers in the tabs given below. Required IA Required 1B Required 1C Required 1D Assume Delph uses plantwide predetermined overhead rates based on machine-hours. What is Delph's cost of goods sold for the year? (Round your intermediate calculations to 2 decimal places. Round your final answer to the nearest whole dollar amount.) Cost of goods sold

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