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 57,000 machine-hours would be required for the period's estimated level of production. It also estimated $920,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $5.00 per machine-hour. Because Delph has two manufacturing departments-Molding and Fabrication-it 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: Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Molding 24,000 Fabrication $ 700,000 $5.00 33,000 $220,000 $ 1.00 Total 57,000 $920,000 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: Total Job D-70 Direct materials cont Direct labor cost Molding $ 370,000 Machine-hours $220,000 17,000 Fabrication $ 320,000 $ 140,000 7,000 $ 690,000 $ 360,000 24,000 www of 2 Job D-70 Direct materials cost Direct labor cost Machine-hours Molding $ 370,000 $ 220,000 17,000 Molding Fabrication $ 320,000 $ 140,000 7,000 Fabrication Total $ 690,000 $360,000 24,000 Job C-200 Direct materials cost $220,000 $ 240,000 Total $ 460,000 Direct labor cost $ 140,000 Machine-hours 7,000 $ 280,000 26,000 $420,000 33,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Return 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 E and Job C-200? d. What is Delph's cost of goods sold for the year? Complete the. Answer is not complete. my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not in Required information c. If Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have establis and Job C-200? d. What is Delph's cost of goods sold for the year? Answer is not complete. Complete the question by entering your answers in the tabs given below. Required 1A Required 1B Required 1C Required 1D Assume Delph uses plantwide predetermined overhead rates based on machine-hours. Compute the plantwide predeterm overhead rate. Note: Round your answer to 2 decimal places. Predetermined overhead rate $ 16,750.000 per MH Required 1A Required 18 Complete the question by entering your answers in the tabs given below. Required 1A Required 18 Required 1C Required 10 Assume Delph uses plantwide predetermined overhead rates based on mache-hours. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. Note: 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 Required information c. If Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for Job I and Job C-200? d. What is Delph's cost of goods sold for the year? Answer is not complete. Complete the question by entering your answers in the tabs given below. Required 1A Required 18 Required 1C Required 1D 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? Note: Round your intermediate calculations to 2 decimal places. Round your final answers to the nearest whole dollar amount. Job D-70 Job C-200 Bid Price < Prev 23 of 7 Next > art 1 of 2 Required information c. If Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for. and Job C-200? d. What is Delph's cost of goods sold for the year? Answer is not complete. Complete the question by entering your answers in the tabs given below. Required 1A Required 18 Required 1C Required ID Assume Delph uses plantwide predetermined overhead rates based on machine-hours. What is Delph's cost of goods sold for the year? Note: Round your intermediate calculations to 2 decimal places. Round your final answer to the nearest whole dollar amount. Cost of goods sold